Philip is married with 4 children, three of whom are already at school. He is a farmer in his hometown of Litein, South Rift Kenya employing one farmhand and producing milk and tea for the local market.
Philip has requested a loan of 31,200 KES from Juhudi Kilimo to construct a zero grazing unit for his animals. He says this will help protect the animals and improve their production. He is planning on purchasing more land in the future.
Philip sees small land ownership by farmers as the challenge in farming.
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.