Charles, 35, lives with his wife in Nkubu in Central Kenya He has been farming for ten successive years producing mainly cereals and dairy farming.
Charles has requested a loan of 50,000 KES to build a modern dairy unit, called a zero grazing unit, for his dairy cows. He hopes it will help protect his animals and improve their production capacity, hence improving his farming income.
He mentions that the main challenges to the farming business are the lack of animal feeds, crop pests and animal diseases. He hopes to improve his family living standards by improving his farming business.
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.