Moses is a 59-year-old farmer in Kitale county, where he lives with his wife. He has six children who are all adults and have finished schooling. He has been in farming for the past 30 years, producing milk, horticultural and poultry products, which he sells at the local market in his area.
He is requesting a 61,200 KES (Kenyan shillings) loan from Juhudi Kilimo to buy and insure a dairy cow and also buy materials for constructing a zero-grazing unit. This will help him to take good care of his dairy cows and also increase production of more milk and thus, make more income to help improve the family’s living standards. He aspires to have doubled his production in the next five years.
High cost of production and low market prices are his major challenges in farming.
He is grateful to Juhudi Kilimo for financing him with 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.