Sarah is a farmer. She has been engaged in farming for 27 years and manages her farm with the help of one farmhand. Her mixed farm produces horticultural products, maize, and milk. She and her husband have seven children, two of whom are adults.
Sarah has made a loan request amounting to 62,400 KES from Juhudi Kilimo to help her purchase and insure a dairy cow. She says she wants to acquire a better breed of cow to improve her milk production so as to make her family more secure financially and improve the family's living standards.
Sarah says lack of capital remains the main challenge to smallholder farmers' business attempts. She is glad that Juhudi Kilimo loans are focused on making the local farming business better.
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.