Jane, aged 41, is a farmer in the Nkubu area of Kenya, where she lives with her two children who both attend school. She has been farming for 20 years, producing cereals which she sells at the local market. Jane also runs a retail shop as an additional source of income.
Jane is requesting a loan of 60,000 KES from Juhudi Kilimo to purchase a chuff cutter and materials for constructing a zero grazing unit to enhance her milk production from her two cows. Jane hopes to buy three more dairy cows in the future to boost her income and thus help her pay her children’s school fees. Jane's main challenges are crop pests and diseases, animal diseases and a poor market. She likes Juhudi Kilimo because of their efficiency in processing loans.
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.