William O. is a farmer and resident of the town of Nyamira in western Kenya. He has been practicing mixed farming for the last 10 years. He produces milk, tea, maize, beans, and chicken that he sells locally. He has two temporary employees.
William earns a salary of 7,000 Kenyan shillings (KES) per month. He has requested a loan of 45,000 KES from Juhudi Kilimo to buy a dairy cow. The loan will improve his family's earnings.
William hopes to expand his farm and rear more sheep. His only challenge is a lack of farm inputs due to their high cost.
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.