Danson, 27, is the married father of one child who is 3 months old. He has been practicing mixed farming for the last seven years in Murang'a town, central Kenya. He employs one farmhand and sells his products locally. He mainly depends on the income from his farm to meet his family's basic needs.
Danson has requested a loan of 40,000 Kenyan shillings through Juhudi Kilimo to purchase farm inputs for his horticultural farm. He says that this will help improve his production and earn him more income. He hopes that in the near future his production will increase and that he will be able to export his flowers. He comments that his future is bright as a farmer because he can access financial assistance from Juhudi.
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.