Tabitha is age 22 and lives in Kisii County in Kenya, with her husband and one child, who is in school. Tabitha has been farming for five years, producing milk and vegetables, which she sells at a market in her area. She runs a hair salon as an additional source of income.
Tabitha is requesting a 52,000 KES loan from Juhudi Kilimo, to buy and insure a dairy cow. The cow's milk will help her get extra income and improve her living standard, and she will be able to pay her child’s school fees with ease.
Financial constraint is her major challenge.
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.