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Peter
Meet Peter, a farmer living in the Kisii area of South Nyanza. He is married and has 5 children, all of school-going age. He has been involved in farming for the past 15 years, where like most farmers in Kisii, his main source of income is milk, tea, bananas, and cereals. He enjoys farming because he is able to get quick and fast money through selling his products locally. His biggest challenge is climatic or seasonal changes, and lack of capital.

Peter chose Juhudi Kilimo for this loan because they offer affordable interest rates on their loans. During the training, he learned how to manage his small income. Through this loan, there will be an increase in milk production and thus more income which will help him give a better education to his children.

Additional Information

More information about this loan

Juhudi Kilimo works 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. This loan will provide an income generating agricultural activity for small-holder farmers to improve their standard of living.

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
  • 955
    View loans »
    Kenya Loans Fundraising
  • $42,866,450
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Peter buy a dairy cow.
0% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 10, 2014
Currency Exchange Loss:
Possible