Wesley is a resident of Litein Town in South Rift Kenya. He has been doing dairy farming for five years and selling the milk he produces to Kenya Co-Operative Creameries. He has two children ages eight and five years old.
Wesley has applied for a loan of 45,000 KES from Juhudi Kilimo to purchase and insure a dairy cow. He believes the dairy cow will provide enough milk for family consumption and additional income to that generated by growing tea.
Fluctuation of milk prices remains the greatest challenge. He is pleased with Juhudi Kilimo services.
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.