Robert is a father of 4 between the ages of 13 and 9 years. He lives with his family in Kitale in Western Kenya where he has been carrying out farming for the last 7 years with his produce of maize, milk, eggs and beans supplied to the local market.
Robert has requested a loan of 31,200 KES from Kiva partner Juhudi Kilimo to buy as well as insure a dairy cow. He says this will help him produce more milk for family consumption and earn more income from the milk sales to meet other family basic needs.
He laments of the shortage of animal feeds and water in the area during the dry season, which compels farmers to spend much due to high costs.
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.