David is a resident and a farmer in the Nkubu area of Central Kenya. He is a father of four children aged 20, twins aged 15 with the last born being 8 years ago. Besides farming, he works as a carpenter. He has been in farming for 15 years and currently sells his farm produce which includes maize, beans, wheat and potatoes to the local market.
David has made a loan request of 30,000 KES from Juhudi Kilimo to buy dairy goats. This is his third loan request with Juhudi Kilimo after the first and second loans of 15,000 KES and 20,000 KES respectively. His major focus for the future is to install an irrigation system to enable him plant in and out of season.
He says insufficient rains are the greatest limitation in farming 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.