Wilkister is a 28-year-old farmer in Nyamira county, Kenya, where she lives with her husband and six children. All of the children are schooling. She has been in farming for the past ten years, producing milk and vegetables, which she sells at the local market in her area.
She is requesting a 50,000 KES loan from Juhudi Kilimo. She will use the loan to buy a dairy cow, from which she will earn extra income by selling the milk. This will help her boost her standard of living and pay for her children’s school fees. She will also be able to pay for more labor to help her manage her farm.
She says that fluctuation of prices in the market is her major challenge in farming. Wilkister is happy to have joined Juhudi Kilimo.
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.