Boaz, 36, is a resident of Kitale who has been in active in farming on his home farm for ten consecutive years. He is married and has six children between three and fourteen years old. His farm produce currently includes milk and eggs, which he sells in the local market.
Boaz has requested a loan of 60,000 KES from Juhudi Kilimo to buy poultry. He says this will give him better farming income and generally help to improve the family farming business. His wish for the next five years is to run a farm with five quality dairy cows and to become a major supplier of both dairy and poultry products in the local market.
He mentions animal diseases as a common challenge in this business.
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.