Wilfred is married and has five children; they reside in Kisii. He has been in farming for the past ten years, producing mainly tea, bananas, and maize which he sells at the local market.
He has requested a loan of KES 57,200 from Juhudi Kilimo tio help him purchase and insure a dairy cow .This will boost his family's income because more milk will be produced. He expects to get a high yield and improved productivity. He says that lack of market is his major challenge.
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.