Violet has been actively farming for six years, producing and selling maize in her rural home in Kitale. She also runs a hotel from the local market to supplement her farming income. Violet is married and has four children, all adults save for the last born.
Violet has requested a loan of 31,200 KES from Juhudi Kilimo to buy and insure a dairy cow. She says that farming has been and still is the major source of income that helps to meet family needs, especially the children's education. Violet says that seasonal changes affect farming income.
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.