Henriet is a 29-year-old farmer in Kitale county in Kenya, where she lives with her husband and five children, of whom four are schooling.
She has been in farming for the past ten years, producing milk, maize, and vegetables, which she sells at the local market in her area. Diseases and fluctuation of prices are her major challenges in farming.
She is requesting a 62,400 KES loan from Juhudi Kilimo to buy and insure a dairy cow that will provide her with more milk for sale and earn her extra income that she will use to uplift her living standards and pay for her children’s schooling.
She aspires to buy an extra piece of land and another dairy cow in the next five years.
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.