Joshua is a farmer in the Nkubu area of Central Kenya where he lives with his wife and 1-year-old child. He has been in farming for five successive years and currently sells milk to the local market to meet his family’s basic needs. He runs a tailoring business within the local market for additional income.
Joshua has requested a loan of 25,000 KES from Juhudi Kilimo to buy a chaff cutter, which will ease the feeding process on his farm. Joshua plans to expand his dairy business and to rank among the main suppliers for the local market.
Joshua says he chose Juhudi Kilimo for the loan because he has seen the lives of smallholder farmers being transformed through such loans.
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.