Douglas lives in Nkubu, in the Meru region of Eastern Kenya. He is married and has three children. He has been in farming for over fifteen years, growing cash crops. He operates a retail business as an extra source of income.
Douglas approached Juhudi Kilimo for a loan of KES 40,000 in order to purchase irrigation equipment. This will help him in providing water efficiently for his crops and livestock for better production. He wants to be the leading farmer in the entire country.
His main challenges are lack of capital and poor markets.
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.