Titus is a father of seven adult children and is aged 62 years. He has 20 years of experience in the farming business. He also runs a retail shop business. His farm produces onions and vegetables but he now wants to venture into dairy farming as well.
Titus has requested a loan of 62,400 KES from Juhudi Kilimo to buy and insure a dairy cow for a new venture into dairy farming. He strongly believes this will boost his income and the ease provisions of family basic needs through resale and milk for family consumption.
He too points at harsh weather conditions and animal diseases as the major challenges in farming.
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.