Samwel is a farmer from Eldoret town in the Rift Valley, Kenya where he has been farming for 10 years. His mixed farm produces milk, maize and vegetables which he sells to the local market. Farming has been his main source of income. He faces the challenges of diseases which cause poor production and fluctuation in the market prices of farm produce.
Samwel has made a loan request for 35,000 Kenyan shillings in order to buy chickens and chicken feed. He says that by venturing into poultry farming, his income will increase and this will enable him to expand his farming activities.
Samwel is aged 37 and is married with three school-aged children all of whom attend school.
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.