Wilfred is a resident of and a farmer in the Kisii area in South Rift Kenya. He lives with his family of two children, and practices farming with the help of one farmhand. He produces a variety of vegetables and beet roots, which he sells to the local market.
Wilfred has made a loan request for 25,000 KES through Kiva partner Juhudi Kilimo to purchase and insure a dairy cow. He says the dairy cow's income will help him improve his family's living standards, educate his youngest child, and further expand his farm in the future.
Wilfred observes that the lack of organised markets is a challenge to farmers in the area.
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.