Edward resides in his hometown of Kisii, in South Rift Kenya with his family of four. His children are ages 5 and two and half years old. He is 28 years old himself. He has been farming for ten years and selling his produce of maize, beans, tea and milk locally. He earns additional income from the lumbering business.
Edward has made a first time request for a loan of Ksh 25,000 from Juhudi Kilimo to purchase and insure a dairy cow. He intends to use the income in better planning for his children's education and adds that the milk will improve the nutritional value of their meals and offer better health for their young children. He intends to acquire two more dairy cows in five years.
Edward says farmers, including himself, are not versed with knowledge on the handling of dairy cows and would appreciate training, especially on their diseases.
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.