Zenah is aged 25 and she is married. She has two school-aged children who attend school. She has a mixed farm in the town of Kitale, in western Kenya. On the farm, she produces milk, maize and beans. She has been in the farming business for 7 years now and employs two farmhands. She earns additional income from her own posho mill in the same location.
Zenah has made a loan request of 60,000KES in order to purchase a motorcycle. She hopes that the extra cash she will get from this motorcycle transport business will help improve her family's living standards. In the future, she plans to specialize in dairy farming and will use the motorcycle to supply milk to the markets. She faces the challenge of unpredictable weather conditions, which affects her production.
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.