Aaron is a resident and a farmer in Kitale, Western Kenya doing mixed farming and producing beans, vegetables, maize and milk. He is married with two children ages 8 and 2 years. Aaron earns additional income from his work as a painter.
Aaron has requested a loan of 55,000 KES from Juhudi Kilimo to boost his poultry business through purchase of additional birds and poultry feed. Aaron is optimistic this loan will improve his income just like his previous five have made life better and enabled him to provide for family needs like clothing and food. Aaron is focusing on having six quality dairy cows.
Aaron reiterates as do other farmers that the poor market prices for their produce are the main challenge in farming business.
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.