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Peterson
Hello, world! Meet Peterson, a very confident mixed-farmer from Kisii which is a rural town in Kenya. The father of six has been farming and selling milk, eggs and tea leaves from the farm for 18 years now!

Peterson is seeking a loan. The purpose of this loan is to purchase a dairy cow. With an additional cow, Peterson will increase milk sales and fully utilize his pasture. His biggest challenge, however, is raising the capital.

Peterson is very passionate about dairy farming as he is about maize farming. He is torn between naming his upcoming cow Nyabati or Nyangera.

Peterson is confident he is the right candidate for this loan because, although he went through much hardship in life growing up, he plans on making amends by consolidating loans and paying off all his debts.

He strategizes to improve his income with this loan so that he will be comfortable in future paying his children's school fees that is currently taking up most of his income allocation.

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
  • 889
    View loans »
    Kenya Loans Fundraising
  • $41,162,700
    Funds lent in using Kiva
  • 87.9
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $725 helped Peterson to purchase a dairy cow.
92% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
May 31, 2014
Currency Exchange Loss:
Possible