Jackline is aged forty and has been in farming for ten years. She currently employs one farmhand, and her farm produces milk. She also runs an agro-veterinary business.
Jackline has requested a loan of 60,000 KES from Juhudi Kilimo to improve her agrovet business. She says the agrovet business will lower her costs of dairy treatment and improve her income allowing her to give her family better living standards.
Jackline is glad her life will be better with access to Juhudi Kilimo.
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.