Winnyrose is a resident of Litein and has been farming for six years. She currently produces milk and tea for the local markets.
Winnyrose has requested a second loan of 60,000 KES from Juhudi Kilimo to buy a dairy cow to boost her dairy farming business. She says the skills she has acquired in farming will help her in managing her cows in order to reap the best benefits from her business. Her main aim is to pay for the education of her two children and to improve her family's standard of living through the provision of basic needs.
She states the major challenge is the unreliable artificial insemination services for cows, which makes determination of breeds production capacity quite difficult. She is happy though with Juhudi Kilimo loan services.
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.