Japhet is a dairy farmer from Litein town in the Rift Valley, Kenya. He has been in the farming business for ten years and sells his milk through Brookside Company. He also earns income from his small-scale farming of tea which is sold locally.
He has requested a loan of 40,000Kes through Juhudi Kilimo to improve his dairy farming. The extra income from this loan will help him expand his business and improve his family's livelihood. He says that his biggest challenges have been diseases and the fluctuating market price of milk.
Japhet is 28 years old and single.
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.