Pascaliah is a resident and a farmer in Litein, South Rift Kenya. She is married and has five children. She has been active in dairy farming for more than 10 years. She also works as a tailor, but her main business is dairy farming. Her farm currently runs with two farmhands and her milk produce is delivered to the local market.
Pascaliah has requested a loan of 50,000 KES from Juhudi Kilimo to build a modern dairy unit for her animals. She says the boost in her income from the improvement to her farm will be used to pay for the education of her last born child as well as to ensure the repayment of the loan.
She says a lack of finances and animal diseases are the major challenges in farming.
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.