Pauline is a mother of two children aged 15 and 11 and has been in farming for four years with her produce of vegetables and coffee sold to the local market. She also runs a retail shop business dealing in household goods.
Pauline has requested a loan of 63,600 KES from Juhudi Kilimo to help her buy and insure a dairy cow for a venture into the dairy farming business.She says the acquisition of pure breed cows will help her have good production and better income from farming and improve her family's living standards.
Pauline laments of high cost of feeds in the farming business.
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.