Thirty-four-year-old Kipkirui is a dairy farmer from the town of Litein in Rift Valley Kenya. He is married with one child, age 10, who attends school. He has been farming for the last ten years and sells his milk through Cherobu dairy plant in Litein town. He also earns income from his small-scale farming of tea which he sells locally.
He has requested this loan from Juhudi Kilimo in the amount of 70,000 KES to purchase and insure a dairy cow and expand his poultry farm. The extra income from the sale of milk and eggs will help him meet the needs of his family. He says that his major challenge has been lack of enough storage facilities for animal feed. He hopes that he will be selling at least 30 litres of milk daily in the near future. He is also requesting Juhudi to hold trainings especially on poultry and dairy feeds.
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.