Emily has 14 years experience in mixed farming and currently employs one farmhand in her farm, which produces milk, maize, and poultry for the local market. She also works as a tutor in a local teachers college. She is married with two children aged 12 and 4 years.
Emily has requested a loan of 62,400 KES from Juhudi Kilimo to buy and insure a dairy cow. She is focusing on increasing the number of her dairy cows and venturing into fish farming too. She adds that the improved income will give her family food security.
She is, however, concerned with getting good farmhands, which still remains a challenge since they are unreliable and at times costly--just like acquiring capital. She is glad Juhudi Kilimo's services are available and disbursements are speedy.
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.