Mutai is 30 years old, married, and father of three aged between 1-5 years old, with one attending school. He has been a mixed farmer for seven years. His products are pineapples, tea, and milk which he sells locally. He also earns income extra income from a shop he operates.
He has requested this loan of Kshs. 40,000 from Juhudi Kilimo to buy a dairy cow. In five years he wants to have a modern dairy unit for his animals.
The challenge he faces is diseases in dairy farming. He is thankful to Juhudi for the support and hopes it continues in future.
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.