Thomas is 32 years old and married with six children, five of whom are attending school. He is a farmer near Litein in Western Kenya. He's been farming for three years and is already able to employ two people. He sells his milk through the Kenya Cooperative Creameries and also earns some income from small-scale farming of cash crops. He says that the main challenges to his business are the market for milk and price saturation for it.
He previously completed a loan from Juhudi Kilimo for Kes. 20,000 and requested this loan for Kes. 50,000 to purchase and insure another dairy cow. He says that the extra income he'll earn will raise his family's standard of living and help him pay his children's school fees. In the future, he would like to have at least three grade cows that can produce at least 15 liters a day each.
Thomas thanks Juhudi Kilimo for the work they are doing to improve the living standards of the poor.
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.