Thomas lives in the Nyamira area of Kenya, which is a popular banana growing region. A farmer for seven years, his primary income sources are tea, crops, and transportation services. His biggest challenge is ploughing the land.
Thomas chose Juhudi Kilimo for this loan because their requirements are friendly to the farmers. The most valuable thing he learned from Juhudi's micro-finance training session is the loan repayment process. He will purchase poultry with the loan, using the egg production to better meet the basic needs of his family.
Thomas's highest monthly expense is his children's school fees.
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.