Joyce is 40 years old. She is married with three children, ages, 18, 15 and 12 years old. All her children are currently attending school.
She is a farmer from western Kenya in Kitale town. She has been practicing mixed farming for the last ten years. Her main products are tomatoes, bananas, maize and milk, which she sells to the local market. She depends solely on her farming activities to provide for her family. Her main challenges are poor means of transport, high production costs and the lack of enough capital for expansion.
She has requested this loan from Juhudi Kilimo for 30,000 KES to purchase and insure a dairy cow. The extra income coming from this loan will improve her family's standard of living and also pay school fees for her children. She hopes to expand her dairy farming and get five good grade cows in the next five years.
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.