Samwel is a 35-year-old farmer in Kitale county in Kenya. He lives with his wife and has been practicing mixed farming for the past five years. He produces eggs, milk, and vegetables, which he sells at the local market in his area.
He is requesting a 31,200 KES loan from Juhudi Kilimo to buy and insure a dairy cow. He will be able to earn extra income for his family by selling the cow's milk, which will help him improve his living standards. He aspires to have five dairy cows and be the leading supplier of milk in his area in the next five years. Pests and diseases are his major 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.