Kipkirui is a farmer from the town of Litein in the Rift Valley of Kenya. He has been farming for 10 years and employs one farmhand. His mixed farm produces milk, tomatoes, cabbages and tea. He also earns income from his poultry farming and computer printing services.
Kipkirui is 38 years old. He is married and has been blessed with 3 children, ages 3, 9 and 14. All the children attend school. Kipkirui has requested this second loan of 60,000 KES from Juhudi Kilimo to purchase a dairy cow. He says that the extra income from this loan will enable him to pay his children's school fees, feed the family and assist other members of his family. He says that this loan will improve his family's living standards. However, he faces the challenge of lack of funds for expansion.
In the future, Kipkirui would like to build a decent zero grazing unit and increase the number of his dairy cows to three. He would also like to expand his poultry farming. He is grateful for the constant support in terms of loans and other beneficial information that are being extended to Juhudi Kilimo's clients.
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.