Paul has a mixed farm in Nkubu town, eastern Kenya, that produces maize, potatoes, cabbages, milk, and coffee. He sells his products to the local market and through cooperative societies. He has been practicing mixed farming for the last twenty years. His primary challenges have been lack of organized markets for his products, pests and diseases, and low product prices.
Paul is 56 years old. He is married with six adult children. His youngest child is currently attending school.
Paul has a good record with Juhudi Kilimo and has successfully repaid his second loan of 55,000 KES. He has requested this loan of 85,000 KES to expand his banana farming. The increased income from this loan will help him pay school fees for his child in college and improve the family's livelihood. He comments that he is happy with Juhudi's policies which are geared towards helping small-holder farmers.
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.