Patrick is aged 44 and has been in the farming business for over 20 years in the Nkubu area of Central Kenya. He is married with three children,one adult with the other two are still school-going. His produce of maize, beans, tomatoes and milk are sold locally. He gets additional income from his employment in a local school.
Patrick has made a loan request amounting to 40,000 KES from Juhudi Kilimo to enable him to purchase a chuff cutter and construct a zero grazing unit. He says improved feeding for his animals will generate more income due to improved milk production and eventually enable him to educate his children.
Patrick however laments that the high cost in farming inputs remains a great challenge to 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.