Gedion resides in Nkubu, Meru Region of Eastern Kenya. He is married and has three children. He has been a farmer for over 20 years, growing bananas and other crops.
He has approached Juhudi Kilimo for a loan of KES. 60,000 to purchase water pipes and a generator. The income generated from the use of this loan will help him pay school fees and improve his family's living standards.
His major challenge is little rainfall. He likes Juhudi for its faster processing of loans.
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.