Maurice resides in Kitale and is married. He has been farming for five years producing milk, eggs and maize.
He has requested a loan of KES 60,000 from Juhudi Kilimo to help him purchase poultry. He says that by selling poultry products he will be able to improve the family business. He wishes to have one thousand birds and three dairy cows to allow for a greater family income. His main challenge is food shortages.
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.