Silas is the father of three children aged between 10 and 13 years. He has been farming for more than ten years, producing and selling maize, bananas, milk and peas.
Silas has requested a loan of 50,000 KES from Juhudi Kilimo to buy barbed wire for reinforcing a zero grazing unit and a chuff cutter to ease the feeding of the dairy animals. He adds that these will ease his farming activities. Silas says he chose Juhudi Kilimo for funding due to faster services.
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.