Annah is 57 and a married mother of 6 children, ages between 15 and 25. Three of the children are currently attending school. Annah has been in the farming business for 15 years now, producing pineapples, bananas, tea and milk which she sells locally. She mainly depends on her farming income to cater to her family's needs.
Annah has requested a loan of 50,000 KES in order to purchase a dairy cow. The proceeds from the sale of milk will enable her to pay school fees for her children and improve her family's livelihood. She hopes that in the next 5 years, her dairy farm will have greatly improved since she intends to buy quality dairy cows. She faces the challenge of diseases which affect 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.