Phillis is aged thirty four farmer in Nkubu county in Kenya where she lives with her husband and five children (four of them are in schooling). She has been in farming for over ten years producing cereals and selling them at the local market. She is employed as an additional source of income.
She is requesting for 30,000 KES loan from juhudi Kilimo to purchase dairy goats that will help her earn extra income from selling the milk and hence better standards of living and help in paying for her children's school fees, she aspires to be the best goat milk supplier in her area in the next five years.
Lack of enough capital and poor market are her major challenges in farming.
She likes Juhudi Kilimo for it's faster processing of 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.