Sang J. is 27 years old and has been in the farming business for four years. He is married and has two children, aged 3 years and 2 months, respectively.His milk produce is sold locally.
He has requested for this loan of 60,000KES from Juhudi Kilimo, he intends to purchase a dairy cow to be able to sell more milk. With increased income from his business, he hopes to help his family by paying school fees for his child of school-going age.His additional income is from teaching salary.
Sang's challenge remain poor market prices for the milk and animal diseases.He hopes that Juhudi Kilimo continues with the good work it is doing.
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.