Elijah has requested this loan from Juhudi Kilimo of 80,000 Kenyan Shillings to purchase a dairy cow. He says that the income from this loan will help improve the livelihood of his family, enable him to pay school fees for his children and provide for their basic needs. In five years' time, he hopes to expand his dairy farming by increasing his number of dairy cows, buying a piece of land upon which he will plant nappier grass, and purchasing other required farming machines.
His primary challenges are an inadequate market for milk, diseases, and insufficient dairy feeds.
Important InformationTo 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.
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