Sylvia is a resident of Kitale and is married with one child, age 2 years old. She has five years experience in active farming and runs her farm with the help of one [farmhand]. She is producing milk, maize, eggs and vegetables. Sylvia says the major challenges come from feeding during dry seasons. Sylvia also runs a motorcycle transport business besides farming.
Sylvia has requested a loan of 62,400 Kenyan shillings from Juhudi Kilimo to buy and insure a dairy cow. She hopes to own three dairy cows within five years. She says the income will enable her to meet her family's basic needs.
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.