Janet is a farmer in Eldoret, South Rift, Kenya. She has been in mixed farming for two years, producing milk and bananas and selling to the local market. She has employed one farmhand. She is married, with two children aged 13 and 5 years.
Janet has requested a loan of 31,200 KES from Juhudi Kilimo to purchase and insure a dairy cow. Janet says the farming project will assist her in educating her children as well as providing food for the family. She aspires to be the best dairy farmer in her area.
Janet laments the low market prices for farm produce and the high costs of dairy feeds.
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.