Judith is a resident of Kitale in Western Kenya and is married with 8 children, all schooling. She has been practicing mixed farming for five years with her maize and milk produce sold to the local market.
Judith has requested a loan of 61,800 KES from Juhudi Kilimo to purchase and insure a dairy cow at 46,800 KES and also construct a dairy unit at 15,000 KES. She says this will improve her dairy cows' yield and give her family financial security. She remains confident that farming will be her source of success.
She is grateful to Juhudi Kilimo for the loan services but reiterates that hostile weather patterns and animal diseases are still the major challenges.
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.