Robert is a farmer in Litein, South Rift, Kenya and is married with two children aged 7 and 9. His farm currently produces milk and tea for the local market. He maintains his family with his farming revenue which is their sole source of income.
Robbert has requested a loan of 70,000 KES from Juhudi Kilimo to purchase a dairy cow. He believes he will be able to educate his children with the dairy income. He adds he will build a better dairy unit for his animals and appreciates Juhudi Kilimo for their loan services.
Robbert is however worried by the constant high cost of animal feed. He is aged 39 and married.
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.