Zebedee is 62 years old and married. He has six children aged between 17 and 35. His youngest child is still attending school.
Zebedee has been practicing mixed farming for the last 25 years in Kitale town in western Kenya. His mixed farm produces eggs, maize and beans, which are all sold locally. He also earns income from his rental houses in the same location.
He recently repaid his second loan from Juhudi Kilimo of 50,000 KES and has requested this loan of 80,000 KES to expand his poultry farm.
This loan will enable him increase his stock of chickens and purchase enough poultry feed. He says that this loan will enable him expand his poultry farm and he will be able to get a steady income that will help improve his lifestyle.
His biggest challenge has been the high death rates at the early stages of the chicks.
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.