At 65 years old, Joram has six grown children and now a four-year-old grandchild. He started farming ten years ago when he retired after many years of employment. His farm is in Ndikwe, near Murang'a, in the Central Province of Kenya. He sells the bananas, milk, and maize from his farm in the local market. He also earns income from his posho mill (pictured with Joram above) by charging other farmers a fee to grind cereals, mostly maize, into flour. The main challenge to his business is a lack of funding for farming inputs such as seeds and manure. Recently, there has also been a poor market for farm produce.
Joram is the chairman of his solidarity group at Kiva partner, Juhudi Kilimo, and completed a previous individual loan for 30,000 KES. He has requested a new individual loan for 75,000 KES to make improvements to his posho mill and expand his dairy farm by buying and insuring a new dairy cow. He aims to improve his income by producing up to 20 liters of milk a day and increase his customer base by offering a better service because he will be able to handle larger quantities of cereals.
Joram says that Juhudi Kilimo has enabled him to get back into the posho mill business and make improvements. He has also been able to acquire a dairy cow and a goat.
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.