Vincent (pictured with one of his dairy cows though requesting for a loan to venture into poultry farming) is aged thirty-eight and a farmer in Kitale county, Kenya, where he lives with his husband and six children, who are all in school, he has been in farming for the past twelve years producing maize, beans, vegetables and milk which he sells at the local market in his local area.
He is requesting for 30,000 KES loan from Juhudi Kilimo to purchase poultry birds, from which he will get more produce and use the money to uplift his livelihood and pay for his children's schooling. He aspires to be the leading supplier of poultry products in his local area.
Vincent appreciates the way Juhudi Kilimo is efficient in processing loans.
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.