Patrick is a resident and farmer in Kisii area of South Rift, Kenya. He has been in farming for six years, employing one farmhand and producing tomatoes, maize, trees and potatoes. He is married with three children and works as an electrician for additional income.
Patrick has made a loan request of 90,000 KES from Juhudi Kilimo to plough his horticultural land and buy horticultural seeds.This is Patrick's fourth loan with Juhudi Kilimo. He adds that the productivity of his farm will go up and help his family with their daily meals. He wants to buy a vehicle in future to venture into transport.
Patrick complains of poor market prices for his produce.
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.