Joshua M. is 66 years old and married with 6 children aged between 35 and 22 years old. Two of the children are attending college. Joshua is a farmer and has been in this business for over 30 years. He sells his products to the local market and he depends mainly on farming to meet his family's basic needs.
He has requested this loan from Juhudi Kilimo to expand his poultry project. He will increase the number of poultry he owns and expand his supply of eggs to other areas. Joshua is grateful to Juhudi because this loan will increase his income and thus enable him meet his family's needs.
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.