Isabella resides in the Nkubu, Meru region of Eastern Kenya. She is married and has four children, one of whom is of school-going age. She has practiced farming for over 25 years, growing and selling cash crops in the local market.
She wants to venture into milk production and so she has requested a loan of KES 60,000 from Juhudi Kilimo for purchasing dairy goats. The challenges she is facing in the business are insufficient funds and poor markets. In the next five years, she wants to be the leading goat milk producer in Kenya.
Isabella says that the loan acquired will improve her family's living standards. She likes Juhudi's loans because they are quickly processed and have low interest rate.
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.