Moses is a farmer from Kitale town in western Kenya where he has been farming for 10 years now. His mixed farm is currently producing tomatoes, vegetables and maize, which are all sold locally. He earns additional income from his motorcycle transport business and a small video shop in the same town. He is 46 years old and married with three children who all attend school.
Moses has made a loan request of 40,000 KES in order to purchase chickens to enable him to practice poultry farming. He says that by diversifying his farming activities, he will be guaranteed a stable income and this will enable him to meet the basic needs of his family. His major challenges in this business have been diseases and the high cost of production, which affects his output. He is optimistic that his poultry farm will do well and that he will be one of the major suppliers of eggs in his town.
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.