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A loan helped to pay for farm inputs and hired labor, in order to grow more crops and make more profits for his family.
Unlike most microfinance institutions in Kenya that have imposed very complicated procedures in funds acquisition, thereby discouraging smallholder farmers, Juhudi Kilimo is working closely with Kiva to make loan acquisition for a smallholder farmer easy and convenient. Through this intervention, movement of funds in the rural communities has increased, thereby alleviating rural poverty.
Simon is seeking a 30,000 KES loan, which he will use to pay for farm inputs and hired labor, in order to grow more crops. It takes a lot for a smallholder farmer to risk limited resources to expand a farm business. With your help, Simon will be able to settle the high cost of farm inputs necessary for expansion.
A significant portion of the profits will be reinvested in the business to fuel growth, as Simon sets a good foundation for his six children. He hopes to be able to progress as a male smallholder farmer and have a more stable income. Simon is grateful, beforehand.