Mutai has requested a loan of 29,000 KES from Juhudi Kiimo in order to buy a chuff cutter which will improve his dairy animal feeding and significantly reduce costly wastage in feeds. Mutai plans to develop his farm into a zero-grazing system.
Mutai says drought and a lack of finances are farmers' main business challenges, but is glad Juhudi Kilimo is providing loans to small farmers.
Important InformationTo 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.
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