Nicholas is a 36-year-old farmer in Nkubu county in Kenya where he lives with his wife and two children, both of whom attend school. He has been practicing mixed farming for the past six years producing bananas, beans, milk, peas and coffee which he sells to the people in his local area. He is also employed as an additional source of income.
He is requesting a loan of 50,000 KES from Juhudi Kilimo to purchase materials for constructing a zero grazing unit which will help his dairy cows produce more milk and give him more income to be able to improve his living standards and pay for his children's education. He plans to purchase an extra piece of land for horticulture in the next five years. His major challenge in farming is unreliable markets.
He is grateful to Juhudi Kilimo for its fair services.
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.