Stella is a 36-year-old farmer from Nkubu in Kenya. She lives with her husband and two children, one of whom attends school. Stella has been farming for the past 10 years, producing fruits, vegetables and cereals and keeping poultry, which she sells locally.
Stella is requesting a loan of 52,500 KES to purchase and insure a dairy cow. She hopes to open a cereal shop, which will help her educate her children and improve her living standards. Stella's main challenges are poor rainfall and lack of ready market for her produce. She says that Juhudi Kilimo is doing a good job for small scale farmers.
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.