With a loan of 62,400 KES, he intends to purchase and insure a dairy cow. He hopes that he will be able to purchase a quality dairy cow which will produce enough milk for domestic sale and family consumption. He faces the challenge of the fluctuation in market prices for farm produce and the lack of enough animal feed.
The extra income from this loan will enable him to afford a better life for his family.
Important InformationTo 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.
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