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Sululu
Sululu, a father of three, lives in Kitale in the northern part of Kenya’s Rift Valley. For the past four years, Sululu has been making ends meet by selling eggs, milk and maize produced on his farm. He also engages in other small businesses to make extra income.

He is most happy when he realizes good profit margins. "We always have unfair market prices that eat into our profits," he says.

Sululu is seeking a loan to purchase poultry. The poultry market in Kitale is thriving. He can barely meet demand with the supply he has now. With your help, Sululu is going to increase his output to meet the demand. He will use the extra income to meet the high costs of farming maize. He is also going to improve the quality of life of his family.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 830
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $475 helped Sululu to purchase poultry.
76% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2014
Listed
Apr 30, 2014
Currency Exchange Loss:
Possible