Moses is 32 years old. He is married and has two children, ages 3 and 7. Both children attend school. He is a farmer from Nkubu town in Eastern Kenya. He has been farming for 12 years and has employed four people from his community. His main products are milk, bananas, beans, green beans, and maize, which he sells to the local market.
His primary challenges have been a lack of market for his green beans, unfavorable market conditions for his bananas, and pests and diseases which affect his crops and animals.
Moses recently completed his second loan from Juhudi Kilimo of 50,000 KES and has requested this loan of 50,000 KES to upgrade his banana farming by purchasing fertilizers and manure. He says that these farm inputs will increase his production and earn him more income that will improve his family's standard of living.
In the future, he plans to purchase a car that will assist him in transporting bananas from his farm in Nkubu to Nairobi town. He says that Juhudi loans are flexible in the sense that they are paid monthly, which gives him ample time to get the money for repayment.
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.