Hellen is a mother and a resident of Kitale, in Western Kenya. She lives with her family of two children, ages 2 and 11 years old. She has been in the farming business for seven years and runs her farm with the help of one farmhand. Her farm produces maize horticultural products and poultry. In addition to farming, she also runs a salon business.
Hellen has requested a loan of 62,400 KES in order to buy and insure a dairy cow. She hopes to expand her farm and have at least five dairy cows in the future. She reiterates that the additional dairy cow will improve her farming income through improved milk sales.
She points out animal disease and the high cost of feed as her major challenges. She is grateful to Juhudi Kilimo for the loan services.
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.