Judith, 36, is a mother of 4 children between 2 and 12 years. She is a dairy farmer from the town of Litein in Rift Valley, Kenya, where she has been farming for ten years. Her farm is currently producing milk and tea which are sold to the local market.
She has requested a loan of 40,000 Kes through Juhudi Kilimo to construct a zero grazing unit. The extra income from this loan will enable her improve her family's livelihood and pay school fees for her children. Her major challenge has been the fluctuating market prices of milk, which makes it hard for budgeting.
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.