Esther is an established farmer in Kisii, where she has done this work for 35 years. On her farm she rears dairy cows, poultry, and grows tea and other crops. She loves farming because it has been a source of income for her.
Esther chose Juhudi Kilimo for this loan because it offers low interest loans. During the training sessions she learned how to prepare and keep good records. This loan will help her purchase a dairy cow, which will bring in more income for her family.
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.