Simon is a resident and farmer in the Kitale area of Western Kenya and has been practicing mixed farming for over twelve years with maize, milk and beans being his main produce for the local market. He is married with four children, aged between fifteen and eight years and all schooling.
Simon has requested a loan of 80,000 KES from Juhudi Kilimo to help boost both his poultry and dairy farming. He says he will buy additional poultry birds for 40,000 KES and build a modern dairy unit on his dairy farm. He is also planning to increase his farm income through the purchase of more land.
He laments the poor roads network and the rampant fluctuation in milk prices. However he remains appreciative of Juhudi Kilimo for its efficiency in its financial 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.