Janet lives in the Nkubu area of Eastern Kenya, a very fertile and productive area along the slopes of Mt. Kenya. She is married and has four children, of whom two are of school-going age. She has been practicing farming for over 20 years. Her main sources of income are cash crops and horticultural crops. She says that this loan will help her buy dairy goats, which will boost her income level and hence improve their living standards. The challenges she faces are lack of sufficient funds and poor markets. She wants to have a cooling plant of her own for goat's milk in five years’ time. She appreciates Juhudi’s funding her.
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.