James is a resident of Kitale, Western Kenya. He is 24 years old and married with a two-year-old child. He has been in the poultry farming business for four years, and he sells his eggs and birds to the local market. He also runs a motorcycle transport business.
James has requested a loan of 40,000 KES from Juhudi Kilimo to purchase more poultry to boost his business. He says that the improved income from farming will enable him to improve his family's living standards and pay for his children's education in better schools.
He adds that a shortage of poultry feed is a challenge, but he is glad to have Juhudi's loan services.
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.