Humphrey is a farmer in Nkubu area of central Kenya, where he lives with his wife and carries out farming on his farm. The farm currently produces milk and tea, which he sells to earn income to meet his family's daily needs. He also operates a motorcycle transport business to supplement his farming income. He runs his farm with one farmhand.
Humphrey has requested a loan of 60,000 KES from Juhudi Kilimo to buy a water tank and irrigation installation pipes. He says this will help him harvest water as well as supply his farm during low rains. His focus is to improve the living standards of his family and strongly believes farming will make this a possibility.
He laments on high costs of farm inputs and inadequate rains.
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.