Doris has been practicing mixed farming for the last seven years and sells her milk, beans and maize to the local market.
She has requested for a loan of 31,200Kes through Juhudi Kilimo to purchase and insure a dairy cow. The extra income from this loan will help her pay school fees for her children. Her biggest challenge has been competition, which has led to low prices of milk.
Doris is 38 years old and married with 5 school-aged children who all attend school.
To facilitate a partnership between Kiva and Juhudi Kilimo, K-Rep Group (Juhudi Kilimo’s 100% owner) has guaranteed Kiva funds in the event of institutional default. Lenders should be aware that the risk of borrower default remains borne by the lender.
About Juhudi Kilimo:
Juhudi Kilimo is a for-profit social enterprise working with small-holder farmers in Kenya to finance purchases of dairy cows, chickens, agricultural equipment, and other assets that create immediate cash flow. Many of the assets are insured to prevent devastating business losses, and targeted technical assistance is provided to farmers, from agricultural training to basic book keeping and local market research.