Sila is aged 45 and married with four children aged between two and 13, three of whom attend school. He has been practising mixed farming for the last 10 years producing maize and milk which are sold locally. He is also employed and depends on his salary to cater for his family's livelihood. His major challenge in farming has been lack of reliable artificial insemination services in his region.
Sila has made a loan request of 60,000 Kenyan shillings in order to purchase a motorcycle for transporting his farm produce to the market. He says that this will enable him access to a wider market for his farm produce. He hopes that in the near future, his farm will have grown and he will be able to buy a tractor with his farming proceeds.
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.