Martin’s loan application of 60,000 KES from Juhudi Kilimo is his third after his first and second loans of 20,000 KES and 45,000 KES, respectively. He wants to buy and insure a dairy cow with this latest loan. He is optimistic he will have a dairy unit soon. The income generated from his dairy is intended for his children’s education.
He is glad to be able to work with Juhudi Kilimo on his loans.
Important InformationTo 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.
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