Janety is 53 years old and is married with four children. One of her children is still in school. For the past 19 years, Janety has been a farmer in Kitale county in Kenya. She produces maize, beans, milk, and horticultural crops that she sells at her local market. Janety is also employed and earns a salary. Her major business challenges include fluctuating prices and unreliable rains.
Janety is requesting a 62,400 KES loan from Juhudi Kilimo to buy and insure a dairy cow. She will sell the milk to get extra income which will help her improve her family's living standards and provide financial stability.
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.