Sixty-year-old John is the married father of four children who are all adults. He is a dairy farmer from Central Kenya near Murang'a town where he has been farming for over thirty years. He has employed two people from the community to help on his farm. His main product is milk which he sells to Brookside Company in Murang’a town. He also earns income from coffee, bananas and maize that he sells to the local market.
John’s major challenge is lack of a stable market, poor milk prices and transportation problems during the rainy season.
John has requested this Kes 53,000 loan from Juhudi Kilimo to purchase and insure a dairy cow. This loan will enable him acquire a quality dairy cow that will increase his milk production and earn enough income to enable him to pay his workers and meet his other basic needs.
In five years time, John intends to acquire a pure breed of dairy cattle producing over 50 liters of milk per day.
He says "Juhudi is doing a commendable job in improving the lives of peasant farmers.”
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.