Jane is a mother of three children aged between nine and four years. She has been in the farming business for twelve years and has two farmhands. She runs a milk bar business at the local market in addition to her farming. Her farm currently produces maize, milk, and nappier grass for the local market.
Jane has made a loan request of 25,000 KES from Kiva partner Juhudi Kilimo to buy a dairy cow. She says that the acquisition of a dairy cow will provide milk for family consumption as well as help her earn more income to meet her family's other needs. She aspires to run a farm of high-quality dairy cows.
Jane says pests and diseases are the major challenges with her farming.
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.