Martin has been in farming for nine years in his rural home in Nkubu, Central Kenya. He is aged 34 and married with two children aged 10 and two years. His farm produces maize, beans and poultry for the local market. He runs a small retail shop for additional income.
Martin has requested a loan of 50,000 KES from Juhudi Kilimo to set up an irrigation system on his farm by buying a water tank and irrigation pipes. He says this will mitigate the challenge of inadequate rains and improve his income so he can meet his family needs with the core one being to educate the children. He also plans to buy more acres of land.
Martin appreciates Juhudi Kilimo's loan services.
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.