Johnson is a farmer in his rural area in Nkubu, Central Kenya. He produces maize, tea, coffee, fruits and vegetables which are partly consumed by the family and also sold to meet other needs. He also runs a boutique and a salon business in the local market. He is married with three children aged 17,15 and seven years.
Johnson has requested a loan of 60,000 KES from Juhudi Kilimo which he plans to use to buy a water tank and water pipes to install an irrigation system in his farming business. He says his focus is to use the additional income and build a decent residential house for his family.
Johnson however says high costs of farm inputs remain the major challenge.
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.