Beatrice has four children and lives in the Murang'a area of Kenya, which lies in the central Rift Valley. She is a dairy farmer, which she has been doing for 15 years. Her primary income sources are milk, eggs, crops, and personal business.
Beatrice is requesting a loan, which she will use to buy a chuff cutter to ease feeding of her dairy animals. Her biggest challenge is using a panga (machete) when cutting the nappier grass. Her highest monthly expense is business related. This loan will reduce her workload, thereby giving Beatrice more time to do other jobs
Beatrice chose Juhudi Kilimo for this loan because they support smallholder farmers and come to the farmers in the field. During a microfinance training sessions, she learned that loans must be paid and guaranteed by group members.
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.