Rhoda is a mother of three children, aged between 15 and 20 years, with the last two still attending schooling. She has been in farming for 5 years with her farm products of milk, eggs and maize being sold to the local market. Her family fully relies on farming for their daily upkeep.
Rhoda has requested for a loan of 61,200 KES from Juhudi Kilimo to purchase and insure a dairy cow. She is optimistic that her dairy business will make better returns to meet her family's needs, like the education of her children. She also wants to buy a cereals grinding machine to process her maize into flour and to retail as a finished product. She says animal diseases remain a farmer's major challenge in the area.
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.