John Mwaniki, aged 51, is a farmer from Kitale town in western Kenya where he has been farming for ten years. His mixed farm produces milk and chickens which are all sold locally. He employs one farmhand. He also earns income from his general shop in the same location.
John has a good record with Juhudi Kilimo after he successfully repaid his second loan of Kes 50,000. He has requested for this loan of 70,000Kes to construct a dairy unit and expand his poultry farm by increasing the stock of his chickens and purchasing chicken feeds. The extra proceeds from this loan will enable him to educate his 5 children and improve the livelihood of his family.
He faces the challenge of high cost of animal feeds which affects his production. However, he plans to improve his farming by acquiring quality bred of dairy cows. He appreciates Juhudi's efforts to boost small scale farmers.
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.