Doricah has been in the farming business for seven years now. She has a mixed farm in Nyamira town, western Kenya. Her farm produces vegetables, tea, milk, and coffee that are all sold locally. She also operates a kiosk in the same location.
Doricah is 35 years old, married, and has four children who all attend school.
She has requested a loan of 45,000 KES through Juhudi Kilimo to purchase and insure a dairy cow. The extra income from this loan will help in paying school fees for her children. In the future, she would like to have a total of three dairy cows and acquire more land to expand her farming.
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.