Daniel is a resident of Kitale, Western Kenya, where he lives with his family of five children all being of school going ages. He has been in farming for five years, with dairy and poultry farming being his key businesses.
Daniel has requested a loan of 31,200 Kenya shillings (KES) from Juhudi Kilimo to buy and insure a dairy cow. He says this will provide adequate milk for family use as well as provide additional income to meet other basic needs.
Daniel says animal diseases are the main challenge in farming but appreciates the loan services and training 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.