Hassan is 24 years old, married, and has one 6-month-old child. He is a farmer from the town of Litein in Rift Valley, Kenya. He has been farming for the last four years and has employed one farmhand. His main product is milk, which he sells to the local market, and tea which he sells to the tea estate. He also earns income from his pool table business in the same area.
Hassan's biggest challenge has been lack of enough animal feed and lack of enough knowledge on animal diseases and pest control.
He has requested this loan from Juhudi Kilimo of 50,000 KES to purchase and insure a dairy cow. He says that this loan will increase his source of income through the sale of milk and this will help him meet the needs of his family.
He would like to improve his farming in the future by acquiring a high yielding dairy cow and build a dairy unit. He is grateful to Juhudi for their support and requests more funding in the future.
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.