Agnes, 21, is a farmer in Kisii County in Kenya, where she lives with her husband and her two children who are both in school. She has been farming for five years, producing maize and milk, which she sells to the people around her local area.
She is requesting a 31,200 KES loan from Juhudi Kilimo to buy a dairy cow and insure it, which will help in growing her business, increasing her income and improving her standard of living, as well as enabling her to pay her children's school fees.
Financial constraints, pests, and diseases are some of the challenges she is facing in farming.
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.