Emily is a farmer in Kitale, Western Kenya, and has been practicing maize farming for eight solid years. Emily says her family of four school-going children fully relies on her farming income for their daily meals and education.
Emily has requested a loan of 62,400 KES from Juhudi Kilimo to commence dairy farming by buying and insuring a dairy cow. She wants to diversify her farming business to spread the risks due to challenges of the cereals industry, especially the government, which is the recipient of a majority of maize farmers' supply. She adds that she will soon be keeping poultry as well.
Emily notes the poor road networks and high cost of feeds are among the challenges she faces.
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.