Annah is a mother of five children who are aged between 19 and 30 years. She has been in active farming in her home area of Kitale in Western Kenya for 10 successive years, doing mainly milk and maize farming. She reiterates that farming has been her sole source of income for the last 10 years and has helped her in educating her children.
Annah has requested a second loan of 82,000 Kenyan shillings (KES) from Juhudi Kilimo to buy and insure a dairy cow at 52,000 KES, as well as to construct a modern dairy unit at 30,000 KES. She says the loan will help improve her farming income to pay for her last-born child to go to college and provide enough milk for the family.
Annah says Juhudi Kilimo's services have been of great help to farmers. She is focusing on the timely repayment of this, her second loan with Juhudi Kilimo.
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.