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"My name is Shadrack. I work in the Finance Department for Juhudi Kilimo, an agricultural micro finance institute in Kenya. Previously, I worked for Turame Community Finance, in Burundi as the Finance and Administrative Director. I have been in the micro finance industry for over 12 years and I like the industry because this is where poverty, food security and health issues are well addressed.
I am the first born in a family of nine, married and I have three children who are in school. When I finished high school, I started my career in accounting and managed to educate my siblings from the salary. I did so because my mother had minimum resources to educate them. After they all finished high school training, I decided to go back to school to pursue a degree in finance and later pursued my MBA, both of which I financed through bank loans.
I am motivated to do a study related to the factors hindering financing for rural, small-scale farmers. I believe that this study will highlight the gaps in agricultural financing and will give practical recommendations on how financial institutions could provide appropriate financial and nonfinancial services to rural farmers in Kenya. I hope to bring the study results back to Juhudi and align it with the business growth strategy for the next four to five years. I also hope to be able to share the findings of my research with other Kiva partners in order to improve the financial product design at other MFIs to benefit loan recipients in the region. "

Additional Information

More information about this loan

This loan is part of Juhudi Kilimo’s effort to provide future leaders in Kenya with access to higher education, while also allowing the organization to increase its staff capacity and scale its services. Juhudi Kilimo empowers thousands of smallholder farmers across rural Kenya through its financial and non-financial services. However, the organization is currently constrained in its ability to reach its 2015 goal of improving the lives of 100,000 underserved farmers due to its undersized staff capacity. By helping local management and staff at Juhudi Kilimo to access further education, Kiva can increase this capacity, allowing the organization to reach more rural farmers with critical income generating financial services.
Kiva’s interest-free flexible funding will allow Juhudi Kilimo to offer these education loans to employees with a 0% interest rate, ensuring that high-quality local talent are attracted and retained by the company. Monthly repayments will be automatically deducted from the employee’s salary, reducing the risk of defaults.
By funding this loan, you are playing an important part in helping a future leader to access key education, while also supporting Juhudi Kilimo as it attempts to provide more underserved farmers with important opportunities. 

Important Information

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.


About Kenya

  • $1,800
    Average annual income
  • 709
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $9,825 helped Shadrack to pay for a PhD in business administration and management with a concentration in entrepreneurship at the Kenya Methodist University.
35% repaid
Repayment Term
61 months (Additional Information)
Repayment Schedule
Feb 1, 2014
Dec 17, 2013
Currency Exchange Loss: