Abiud has requested this loan from Juhudi Kilimo of 20,000 KES for breeding rabbits. This loan will help increase the household income for his family through the sale of rabbits. His biggest challenges have been drought and lack of enough animal feed. He hopes that in five years' time, he will have reached the level of national rabbit breeder.
He comments that Juhudi is giving hope to the poor through financial services that they cannot access through the banks.
Important InformationTo 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.
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