Tom is a resident of the town of Kisii in western Kenya and has been engaged in mixed farming for 15 years. He produces maize, beans, millet, bananas, and milk, and sells these at the local market. His primary challenges are crop diseases and unpredictable weather conditions.
He has requested this loan of 45,000 KES from Juhudi Kilimo in order to purchase and insure a dairy cow. He is confident that milk from the dairy cow will supplement the family diet and generate income that will help him support his family and to pay school fees.
He has eight children, five of whom are attending school.
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.