Wilfred is 50 years old. He is a farmer from Kisii town in Western Kenya. He is married and has 4 children between the age of 12 and 20. Three of the children are still attending school.
Wilfred has been farming for 30 years and has employed 2 farm-hands. His main products are maize, beans, bananas, and sorghum which he sells on the local market. He is also a carpenter and a timber merchant (pictured here in his shop). His major challenges in farming have been lack of an organised market for his products and lack of capital to expand his farming activities.
He has requested this loan from Juhudi Kilimo in the amount of KES.50,000 to expand his dairy unit and plant more nappier grass for his cows. He believes this loan will increase his milk production and earn him extra income that will help him educate his children and provide for their basic needs.
In future, he intends to improve his dairy herd by buying more cows of superior quality for higher production of milk. He recommends that Juhudi should increase the amounts of loans being issued.
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.