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Kipkorir
Twenty-nine-year-old Kipkorir is a resident of Litein Town in Rift Valley, Kenya. He has four children, two of whom are already attending school. He has been farming, and selling his milk produce in the local market.


He applied for this loan of KES 40,000, his third with Juhudi Kilimo (his first and second loans were for KES 22,500 and KES 20,000 respectively), to purchase a dairy cow. He plans to use the income generated to educate his children and build a dairy unit for his animals. He hopes to maintain three purebred dairy cows on his farm in five years' time. He earns additional income from employment as an accountant.

Additional Information

Important Information

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.

About Kenya

  • $1,800
    Average annual income
  • 727
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 80.1
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Kipkorir to purchase a dairy cow.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011