Sarah is a farmer in Kitale. She is married and has 8 adult children. She is 64 years old and has been in farming for 40 years. She says farming has always been the backbone of her family and still remains the source of livelihood for her grandchildren, whom she takes care of.
Sarah has requested a loan of 41,600 KES from Juhudi Kilimo to buy and insure a dairy cow. She says the additional dairy cow will boost her farming income, provide milk for family consumption and supplement the meals for her grandchildren. She hopes to increase her dairy farming business to five dairy cows. She laments the poor market prices and infrastructure.
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.