Joseph is a resident of Nkubu, in the Meru region of Eastern Kenya. He is married and has two children of whom one is still in school. He has practiced farming for over twenty years growing cash crops and rearing livestock. Besides farming, he has a retail business which brings in additional income.
He has requested a loan of KES 60,000 from Juhudi Kilimo to purchase a dairy goat. The major challenges he faces are animal and crop pests and diseases, and insufficient funds.
This loan will help him to generate more income and thus improve his family's living standards. He appreciates Juhudi Kilimo for the fast 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.