James is a 44-year-old farmer in Nkubu County in Kenya where he lives with his wife and two children who are both schooling. He has been in farming for the past 12 years producing milk and fruit, which he sells at the local market in his area.
He is requesting a 50,000 KES loan from Juhudi Kilimo to purchase poultry birds. He will sell the products and get extra income to help him uplift his living standards and use some of the money to pay for his children's education. He plans to buy his own car for transporting his products in the next five years.
Lack of readily available market for his products and drought are his major challenges in farming.
James says Juhudi Kilimo is the best Microfinance institution.
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.