Julius is married and has three children aged between 25 and 12 years old. He has 22 solid years in mixed farming, with his major produce including milk, cabbages, coffee and French peas. Julius also runs a butchery business in the local market.
Julius has made a loan request of 60,000 KES from Juhudi Kilimo to buy a water tank. He says this will enable a supply of water on his farm and the ability to farm in both on and off seasons, and more specifically, banana farming. Julius will channel the major part of his farming income towards his children's education. His focus is to buy more parcels of land for more expansive coffee farming. Julius says his main challenge remains the low market prices for agricultural products within the local markets. He, however, advocates for the introduction of top-up loans by Juhudi Kilimo.
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.