Everlyne is married with six children aged between twenty-six and eight. She has been in mixed farming for ten years in her hometown of Kitale in Western Kenya, producing maize, beans and milk which she sells locally. She engages the services of one farmhand in her farm. She earns additional income from her clothing retail business.
Everlyne has requested a loan of 31,200 KES from Juhudi Kilimo to purchase and insure a dairy cow. She is optimistic she will be able to pay for her children's education from the dairy income as well as improve their overall standard of living.
Everlyne laments that poor prices caused by unstable markets are a great threat to farming businesses.
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.