John is a farmer in Murang’a Central Kenya and is married with three children aged 12, 10 and 5 years old. He has been in farming for 20 years and currently sells his farm produce of milk and coffee to the local markets.
John has requested a loan of 50,000 KES from Juhudi Kilimo to enable him to construct a dairy unit for raising a number of dairy cows. He notes that the farming business is generally good though not without the challenge of fluctuation of milk prices in the local market. He hopes to be able to meet his family's daily needs from the improved dairy business.
John adds that Juhudi Kilimo loans have improved smallholder farmers' living standards.
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.