Fabian is a father of three children, with the first born being an adult and the other two still juniors in school and aged 16 and 9 years. He runs his farm with the help of one farmhand and produces milk and bananas for the local markets.
Fabian has requested a loan of 80,000 KES from Juhudi Kilimo to build a zero grazing unit for his dairy animals and stores both for farm produce and for animal feeds. He says the stores will help manage his produce for selling when market prices are favorable as well as keep dairy animal feeds to be used during dry seasons. He plans to buy more land to expand his farming business for better income to educate the last born children.
He commends the Juhudi Kilimo 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.