Geofrey is an aged thirty-four farmer, in Litein county, in Kenya, where he lives with his wife and two children. The children are attending school. Geofrey has been in farming for the past ten years producing tea and milk which he sells to the people around his local area. As well, he buys and sells processed tea as an additional source of income.
He is requesting 60,000 KES (Kenyan shilling) loan from Juhudi Kilimo to purchase materials for constructing a green house which will help in increasing his tea production and will improve his livelihood and also help him in paying for his children's school fees.
Geofrey aspires to be buying and selling tea in bulk in the next five years.
Competition, and transportation are his main challenges 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.