Josephat operates a mixed farm in the town of Kisii in Western Kenya. He has been farming for ten years and produces tea, tree seedlings, vegetables and maize which he sells locally. He also owns and operates a spare-parts shop in the same area (he is pictured outside his shop).
Josephat is 35 years old and married with five children between the ages of 3 and 13. Four of the children are currently attending school.
Josephat has a good record with Juhudi Kilimo, having successfully completed his second loan. He has requested this loan of KES 50,000 to construct a dairy unit and purchase a water tank to store water for his dairy cows. He believes that, from this investment, he will be able to get more yield from his dairy cows and hence more income that will enable him pay school fees for his children.
Josephat’s biggest challenge, however, has been diseases and pests which affect his animals and crops. He would like to purchase more dairy cows in future, which will increase his milk production. He is also requesting Juhudi to continue offering and facilitating training for farmers on agribusiness management.
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.