Johnson is a farmer in the Nkubu area of Central Kenya and has been producing coffee, tea and milk for the local market for 20 years running. He is married with 3 children aged 20,18, and 15.
Johnson has requested a loan of 60,000 KES from Juhudi Kilimo, this being his second loan after the first one of 45,000 KES. He says he will build a store for keeping animal feeds so as to reduce the cost lost when the droughts persist. He adds that the additional income from good feeding will ensure the family to have a significant difference in their total income.
John says Juhudi Kilimo is helping smallholder farmers in the area.
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.