Christopher is 54 years old. He is married with four children, only one of whom attends school. He is a dairy farmer from Kitale town in western Kenya. He has been farming for over six years and employs two farmhands. His farm produces milk, which he sells to the local market. He also earns income from the sale of maize and bananas to the local market. His biggest challenge has been diseases, which are costly to treat.
Christopher has requested this loan of 41,600 KES from Kiva partner, Juhudi Kilimo, to purchase and insure a dairy cow. The proceeds from this loan will help him in paying school fees for his child at university. He will also be able to provide enough food for his family. In future, he would like to purchase a pick-up to assist him in transporting his farm produce to the market. He appreciates Juhudi's good will to assist small-scale farmers who have been shunned by the banks.
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.