Julia is a resident of the Nkubu area in Central Kenya. She is aged 49 years and has been in the farming business for twenty years growing mainly maize and beans. She is married with four children, they are all adults. Her main farming produce and source of income has been maize but she is focusing on diversifying this.
Julia has requested a loan of 30,000 KES from Kiva partner Juhudi Kilimo to help her buy dairy goats. She says the venture into dairy farming will help improve her farming income. She reiterates that the loan will open ways for her to grow her farming business toward buying dairy cows in the future.
Julia mentions pests and diseases as the major challenges she faces but believes dairy goats are more resistant to drought and will help improve her living standards.
She says she chose Juhudi Kilimo since she believes it is the best micro finance institution.
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.