Kenneth is a resident and a farmer in the Nkubu area of central Kenya, where he has been doing farming for 17 years. He is aged 33. He is married with four children aged between 11 and 8 years; the first two are already schooling. His farm produces beans, bananas and milk, which goes to the local market.
Kenneth has made a fifth loan request with Juhudi Kilimo amounting to 70,000 Kenyan shillings (KES) to purchase irrigation equipment like water pipes and a tank, as well as pesticides for his banana plantation. He says it will help improve his production and make his income from the farming business more consistent and help him educate his children.
He is lamenting the high costs of farm inputs, especially pesticides. He remains happy with Juhudi Kilimo'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.