Eliud is 46 years old and is the married father of seven children aged from 4 to 13 years. Six of the children are currently attending school.
Eliud is a farmer from Kitale town in Western Kenya. He has been farming for ten years and has one employee. His main produce consists of maize, beans and potatoes which he sells to the local market. He solely depends on the income from farming to meet his family's needs. His biggest challenge in this business is poor weather patterns leading to low production.
Eliud has requested this KES 31,200 loan from Juhudi KIlimo to purchase and insure a dairy cow. The extra income from this loan will enable his family to access good education and good food and enable him to save for a rainy day.
In future, Eliud hopes to practice both poultry and dairy farming, thus aspiring to have a big poultry farm of up to 1,000 chickens and three quality dairy cows.
Eliud says the unique products of Juhudi Kilimo have enabled members to trust each other because of the tangible assets.
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.