Esther resides in Kitale. She is married and has three children. She has practiced farming for five years, producing milk and eggs for the local market.
She has requested a loan of KES 41,600 from Juhudi Kilimo for purchasing a dairy cow. Investing in a dairy cow will increase the production of milk and thus lead to a higher income which will improve her family's business and their living standards. She plans to buy four dairy cows and be the main supplier of milk to the local market.
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.