Evans is a farmer from the town of Kisii in western Kenya, where he has been practicing mixed farming for 10 years. His mixed farm produces maize and milk, which he sells locally. He also earns income from his carpentry services for the local market.
Evans is 32 years old and married with two children, ages 4 and 1. His eldest child attends school.
He has requested this loan from Juhudi Kilimo in the amount of 40,000 Kenyan shillings to purchase and insure a dairy cow. He says that the income from this loan will enable him to purchase another dairy cow that will increase his income and also expand his carpentry business. His primary challenges are price fluctuations and climatic changes, which affects the animal feeds. He plans to acquire another piece of land in the future to cultivate more maize and nappier grass and also expand his carpentry workshop.
He is thankful to Juhudi for the rural-based projects that have improved the living standards of the people.
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.