M'ndaka is a farmer who resides in Nkubu. He is married and has four children. He grows coffee, maize, beans, and vegetables. Besides farming, he also has a welding workshop.
M'ndaka requested a loan of KES 50,000 from Juhudi Kilimo to enable him to purchase pigs.This will enable him to increase his level of income and, therefore, improve his living standards.
In the future, M'ndaka plans to open a huge pork-house. Poor weather conditions are his major challenge. He says that Juhudi Kilimo will enable him boost his pork industry.
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.