Sabina lives in the Kisii area of Kenya. She is married and has 6 children. She has the following: a cow, poultry, motorcycle, and mosquito net, but does not have a pig, pump, bicycle, automobile, electricity, solar power, running water, sewing machine, TV, or DVD. Sabina has practiced farming for 4 years. Her primary sources of income are milk, eggs, and transportation services.
Sabina stated that what is most enjoyable about farming is feeding her cows, while her biggest challenge is getting a ready market for selling milk. Animals on the farm have been given the name of Nyabite.
When asked why she chose Juhudi Kilimo for this loan, Sabina replied, "It offers good and fair interest rates." She was also asked what was learned during Juhudi's required microfinance training session and answered, "How to manage a loan."
Sabina's highest monthly expense is school fees. When asked how this loan will benefit her family, she replied, "it will increase milk for sale and for family consumption."
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.