David is a farmer and a resident of Litein Town in South Rift, Kenya. He has been in farming for 14 years. His farm produces milk which is sold to the local Kabianga Dairies and tea which goes to the local James Finlay tea factory.
David has requested a loan of 41,867 KES from Juhudi Kilimo to purchase and insure a dairy cow. This is his first loan request with Juhudi Kilimo and he hopes he will generate enough income to repay the loan and improve his family's living standards.
He says the challenge in his business is the dry spell experienced from December to March. He appreciates Juhudi’s consistent assistance 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.