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Anonymous
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Additional Information

More information about this loan

This loan is part of Juhudi Kilimo work with small-holder farmers in Kenya to finance purchase of dairy cows, 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 type of loan will go to existing successful small-holder clients who require higher loan amounts. The loans will be used to purchase multiple high-yield dairy cows, greenhouses, bio gas digesters and tractors. These clients have 3-5 years of successful loan repayment histories with Juhudi Kilimo. By funding this loan you are helping a farmer expand his or her business.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 1133
    View loans »
    Kenya Loans Fundraising
  • $40,419,350
    Funds lent in using Kiva
  • 87.0
    Kenya Shillings (KES) = $1 USD
Paying Back - Delinquent
A loan of $3,475 helped this borrower to buy two high production dairy cows.
79% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 8, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
Possible