John, 37, and has been in farming for 15 years. His farm currently produces milk, which he sells to Brookside Dairies. He is married and has six children, age 14 to 4 years. Four of these children are already schooling.
John has requested for a loan of 30,000 KES from Juhudi Kilimo to buy dairy goats. He says the income generated will help him meet his family's basic needs. He adds that his focus is to breed dairy goats and sell to other farmers in the future.
John is glad Juhudi Kilimo provides farmers with loans and reiterates that small-holder farming businesses will be greatly changed with the access to such loans. He notes, however, that drought remains a challenge to farmers.
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.