Tonui is a farmer and a resident in his home area of Litein, South Rift Kenya where he also provides veterinary services to the local farmers. He has been in farming for five years and currently provides pineapple, tea, banana, and milk for the local market. He is married with two children aged three and four years. He is 31 years old.
Tonui has requested a loan of 40,000 KES from Juhudi Kilimo to help him purchase artificial insemination containers to help in providing artificial insemination services to other farmers in the area. He adds that this will help boost his farming income through reinvesting the income from his services in farming and raise the living standards of his family. He hopes to increase the number of dairy cows in his farming business.
He says unreliability of produce prices and high costs of feed has made farming difficult.
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.