Jane is 58 years old and is a married mother of 5 children who are all adults. She is a farmer from Nyamira town in western Kenya, where she has been farming for 31 years. Her farm produces tea, bananas, maize and beans, which are all sold locally. She earns additional income from her cereals business in the same area.
Jane has made a loan request of 45,000 Kes through Juhudi Kilimo to purchase and insure a dairy cow. The extra income from the sale of milk will help improve her family's livelihood. She faces the challenge of lack of enough farm implements and fertilizers. She plans to acquire more land in the future and expand her farming activities.
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.