Hellen is 37 years old, married, and has seven children, six of whom are currently attending school. For the past 17 years, she has been a farmer in Kitale town in western Kenya. Her mixed farm produces milk, maize, beans, bananas, and potatoes, which she sells to the local market. She mainly depends on her farming income to provide for the needs of her family.
Hellen has made a loan request of 62,400 KES in order to purchase and insure a dairy cow. She says that this loan will enable her to acquire a quality dairy cow that will produce enough milk for domestic consumption and sale. The proceeds from the sale of milk will enable her to improve her family's standard of living.
Her biggest challenge in this business has been fluctuation in the market prices of farm produce. In the future, she hopes to venture into zero grazing and own high-bred dairy cows.
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.