Gabriel is 35 years old. He is married with three children who are between the ages of 3 months and 6 years. His eldest child is currently attending school. He is a farmer from Kitale town in western Kenya where he has been practicing mixed farming for the last 20 years. His mixed farm produces vegetables, milk and cereals which he sells locally. He also earns income from his shop and rental houses in the same region. His biggest challenge in farming has been the fluctuation of market prices and stiff competition in the market.
Gabriel has requested this loan of 80,000 Kenyan shillings from Juhudi Kilimo to expand his poultry project and build a dairy unit. The extra income from this loan will enable him to improve the well-being of his family. In the future, he hopes to increase the number of his dairy cows and expand his poultry project.
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.