Yuvinalis is a resident of Nyamira in South Rift Kenya. He has been in farming for 27 years and farming income is the only source of livelihood for his family of 8 children. His farm produces mainly maize, beans, tea and milk. He runs his farm with the help of three farmhands on casual basis.
Yuvinalis has requested a loan of 50,000 KES from Juhudi Kilimo to help him buy an additional dairy cow. He believes this will boost his milk output to meet his family's requirement as well as generate additional income to help pay for the education of his last four children.
Yuvinalis says poor road networks coupled with undeveloped markets are the main challenges to farmers in the area. He is however appreciative of Juhudi Kilimo's technical support to smallholder farmers.
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.