Gilbert is a father of four children aged between twelve and two years and has been in active farming for thirteen consecutive years with his farm producing mainly bananas, tea and avocados for the local market. He runs a retail shop business for additional income.
Gilbert has requested a loan of 45,000 KES from Juhudi Kilimo to help him construct a dairy unit for dairy farming business. He believes he will be able to improve his dairy farming and grow his farm into breeding farm in the future. He is optimistic that the family living standards will be much better with the improved income.
Gilbert says the markets for farm produce are not well developed hence posing challenges to local farmers who prefer selling to local markets because of their small volumes of produce.
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.