Geoffrey, 30, is a farmer in Litein county in Kenya. He has been practicing mixed farming for the past six years, producing tea, pineapples and milk, which he sells to the people around his local area. He also works in a hotel, which helps him get an additional income.
He is requesting a 50,000 KES loan from Juhudi Kilimo to purchase a water tank that will help him in irrigating his crops. This will lead to having more produce and hence more income that will help him improve his living standards in future. He plans to have bought a more productive cow in the next five years.
Competition and lack of a readily available market for his produce is his main challenge in farming.
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.