Abdallah is a farmer in Kitale area of Western Kenya and has been in mixed farming for 17 years. He is aged 37 and married with four children with the last two still schooling. He sells his farm produce of maize, milk and horticultural products within the local market. He gets additional income from his bicycle repair.
Abdallah has requested a loan of 60,000 KES from Juhudi Kilimo to buy poultry birds .He says the new venture will help him spread his farming risk and offer better nutrition for his family. He is optimistic and says he will have a stable source of income to be able to take good care of his family.
Abdallah laments the high cost of feed and other inputs, coupled with lack of enough capital.
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.