John is age 66 and has been in farming for over 20 years. He currently produces milk and coffee for the local market with the help of one farmhand. He is married with 8 adult children.
John has made a second loan request with Juhudi Kilimo amounting to 60,000 KES to purchase a water tank. He says the tank will help provide water security for his dairy animals, in turn increasing his dairy output. He laments the persistent drought which limits farming output significantly and with much cost incurred in providing water for the animals.
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.