Caroline is a 32-year-old farmer in Litein County in Kenya, where she lives with her husband and three children who are all in school. She has been in farming for eight years and produces tea and milk, which she sells to the local market in the area.
She is requesting a loan of 65000 KES from Juhudi Kilimo to purchase materials for expanding her dairy unit. This will help in her milk production, which will increase her income and better her standard of living. She will be able to pay her children's school fees more easily.
She believes she will increase the number of her dairy cows in three years. Diseases are her major challenge in farming.
Caroline thanks Juhudi Kilimo for lending her the loan.
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.