George (pictured here with one of his dairy cows, not to be confused with the poultry funding he is requesting) is a farmer and a resident of Kitale, Western Kenya, with twenty-eight years in farming. His main products are milk, maize and tea, which he sells to the local market. He is married with five children aged between 28 and 18 years with the last born still in school.
George has requested a loan of 30,000 KES from Juhudi Kilimo to buy poultry. He is optimistic the poultry business will prosper owing to a ready market for both the birds and the eggs in the region. He adds he will channel the income towards the acquisition of more assets for the family and to pay college fees for the last born child.
He reiterates the Juhudi Kilimo loan will really empower his family economically.
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.