Shaban is a farmer in the Kitake area of Western Kenya and lives with his wife and one child aged 4 years in his rural home. He has been practicing mixed farming for 6 consecutive years and selling the main produce of maize and poultry products to the local markets.
Shaban has made a loan request amounting to 40,000 Kenya shillings (KES) from Juhudi Kilimo to buy more poultry birds for his business. He says he wants to save bigger chunk of his farming income to secure his family's future.
He laments the high costs of maintaining the poultry birds. He is thankful 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.