Ezra has been practicing mixed farming for seven years in Kitale town, western Kenya. His farm produces milk and eggs which he sells to the local market. He mainly depends on the income from his farm to cater for the needs of his family. He faces the challenges of diseases which affects his production and lack of storage facilities for his animal feeds.
Ezra is 56 years old. He is married with 4 school-aged children who all attend school.
He recently repaid his second loan from Juhudi Kilimo of 70,000KES and has requested this loan of 71,200KES to purchase a dairy cow and expand his poultry farm. He says that the extra income from this loan will help him provide for the basic needs of his family. In future, he would like to acquire 5 dairy cows and a posho mill to increase his productivity.
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.