Catherine has requested a loan of 30,000 KES from Juhudi Kilimo to purchase a dairy cow. She says she will first use the extra income arising from the purchase to repay the loan and thereafter pay for her children's education. She also wants to purchase more land in the future.
Catherine sees insufficient land as her major farming impediment.
Important InformationTo 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.
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Success!! The loan was 100% repaid