Alfred is a resident of Nyamira in South Rift Kenya. He is a father of four children aged between 17 and 4 years, all are schooling. He has been in farming for 15 years and sells his products, which include tea, milk and maize, to the local markets. He also works as a carpenter besides farming.
Alfred has made a loan request amounting to 45,000 KES from Juhudi Kilimo to buy a dairy cow. He says the dairy cow will improve his family upkeep and earn more income to educate his children. He plans to expand his carpentry workshop and dairy business. He adds that the currently products yields, especially that of maize, are too low to meet his family's needs, and calls for diversification as well as expansion for a more productive dairy business.
Alfred laments the poor road network as his major challenge, especially with delivery of products to the market.
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.