Alex is aged thirty three and is a farmer in Kitale county in Kenya where he lives with his wife and two children who are both at school. Alex has been in farming for the past fourteen years, producing milk, poultry and horticultural products which he sells to the people in his local area. He also owns a motorbike for transportation as an additional source of income.
He is requesting for 62,400 KES loan from Juhudi Kilimo to buy and insure a dairy cow which will give him more milk produce and earn him extra income which will help uplift his livelihood and use some of the money to pay for his children's schooling, he aspires to have redoubled his production in the next five years.
Unreliable rainfall and poor markets are his major challenges in farming.
Alex is thankful to Juhudi Kilimo for giving him the loan.
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.