Thirty-year-old Daniel is the married father of three children aged between 1 year and 12 years, two of whom are in school.
Daniel has been practicing mixed farming in Litein town in the North Rift Valley of Kenya for ten years and has two employees who help him on the farm. He sells his tea, milk and maize to the local market. He owns a motorbike which also earns him some income from the transport services he offers to the locals. He was also an athlete before he ventured into farming.
Daniel has requested this loan from Juhudi Kilimo for Ksh 45,000 to purchase and insure a dairy cow. He believes that the sale of milk will increase his income and improve his family's health. His main challenge is the fluctuations in milk prices which makes it hard for him to budget on his income. He is asking the government to help stabilize milk prices in future so that farmers can realize a steady income.
In the future, Daniel intends to purchase a piece of land and improve the quality and size of his dairy farm. He also wants to buy a car for transportation.
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.