John, age 49, has been practicing mixed farming for the last five years and employs four casual laborers. He also runs a laundry business in Murang'a town in central Kenya. He is the divorced father of three children who are all adults.
He has requested a loan of 40,000 Kes through Juhudi Kilimo in order to purchase a water pump and irrigation pipes. The proceeds from this project will enable him to improve his family's livelihood. He plans to expand his businesses in future and, if possible, to export his products to other markets.
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.