Antony is a father of 2 minors and has been practicing farming in his home area for 3 years. He produces milk, vegetables and tea for the local market. He also runs a transport business with his motorcycle.
Antony has requested a loan of 60,000 KES from Juhudi Kilimo to help him build a modern dairy unit in his farm. He says his experience will enable him manage his farming effectively and earn more income to even boost his transport business. He adds the income will help him plan for the growth of his young family in terms of financial security.
He however laments of harsh weather conditions but remains greatful to Juhudi Kilimo for the loan services.
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.