Daniel has been in the farming business for thirty-five years. He has a mixed farm in Kisii town in western Kenya that produces milk, maize, bananas, tomatoes and sugarcane, all of which are sold locally. He is also employed as a civil servant and serves as an assistant chief in his town.
He has requested a loan of 45,000KES through Juhudi Kilimo to purchase and insure a dairy cow. He says that this loan will help him acquire a quality dairy cow that will increase his milk production. His family will therefore be assured of enough milk for domestic consumption and sale. The extra income from this investment will help pay school fees for his children.
His biggest challenges have been diseases and lack of market for his products. He would like to open a big retail shop in future.
Daniel is 49 years old and married with 4 school-aged children who all attend school.
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.