Isabella is aged 50. She is a farmer in Kisii county in Kenya, where she lives with her husband and four children. Only one child is still schooling. She has been in farming for over 20 years producing milk, maize, beans and bananas, which she sells at the local market in her area.
She is requesting a 62,400 KES (Kenyan shillings) loan from Juhudi Kilimo to buy and insure a dairy cow that will provide her with more milk for sale and earn her extra income, which she will use to uplift her living standards and pay for her child’s schooling. She aspires to have bought another dairy cow and be able to supply milk in large quantities in the next five years.
Diseases and fluctuation of prices 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.