Emmahculate is a 23-year-old farmer in Kitale County in Kenya where she lives. She has been practicing mixed farming for the past three years producing milk and maize, which she sells at the local market in her area. She runs an Mpesa business as an additional source of income.
She is requesting a loan of 31,200 KES from Juhudi Kilimo to buy and insure a dairy cow. This will give her more milk produce and earn her extra income, which will help in uplifting her living standards and boost her savings. She aspires to buy two more acres of land in the next five years.
High competition and lack of readily available markets are her major challenges in farming.
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.