Emilly is a mother of two young children and has been in mixed farming for 4 years. Her farm currently produces milk and vegetables for the local market in her home area of Kitale in Western Kenya.
Emilly has requested a loan of 36,400 KES from Juhudi Kilimo to purchase and insure a dairy cow. She says the purchase of a dairy cow will improve her income and enable her to provide milk for family consumption as well as improve her market sales to provide for the expansion of the business and improve the family's living standards. She plans to own 5 dairy cows in the next five years.
She notes the challenge of diseases as quite significant, especially to dairy farmers. She reiterates she will repay the loan promptly.
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.