Prisca is a seventy year old farmer that lives in Nyamira county in Kenya. She lives with her husband and two children who have both finished schooling. She has been in farming for the past twenty years producing maize bananas and sorghum, which she sells at the local market in her area. She runs a cereal shop as an additional source of income.
She is requesting a loan for 60,000 KES from Juhudi Kilimo to buy a dairy cow. From the milk she sells, she will earn more income and be able to uplift her living standards. She hopes to improve her lifestyle in the next five years.
Drought and diseases are her major challenges in her farming. Prisca is thankful to Juhudi Kilimo for the support.
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.