Josphat is a twenty three year old farmer in Ndaragwa county in Kenya where he lives and has been practicing mixed farming for the past ten years producing vegetables,horticultural products and milk which he sells at the local market in his area.
He is requesting a 60,000 KES loan from Juhudi Kilimo which he will use to purchase a water pump and pipes for irrigation that will help him water his crops. This will provide him with more produce and thus more income to help uplift his standard of living. He will also use some of the money to support his family. He hopes to be able to produce french beans and vegetables in large scale in the next five years.
Drought and middle men are the major challenges in farming.
Josphat is very thankful to Juhudi Kilimo for providing 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.