Violet lives in the Kitale area, which is known for maize production. She is married and has six children, all of whom are of school-going age. She has practiced farming for 15 years. Her primary source of income is selling beans, maize, vegetables, milk and eggs at Bondeni market.
She has requested a loan from Juhudi Kilimo of KES 50,000 which will help her finance the purchase of a dairy cow. This cow will help her provide milk for her family, and she will also sell the milk, and that will help her in the payment of school fees. The major challenges she faces are diseases and lack of sufficient animal feeds. In five years time, she wants to have developed more in dairy farming.
Violet thanks Juhudi Kilimo for the loan advanced to her, and she is positive that it will help her and her family to improve their lives.
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.