Robert lives in the area of Nkubu in eastern Kenya, a very resourceful area for agriculture located along the slopes of Mt.Kenya. He is married and has four children, one of whom is in school. He has practiced mixed farming for 28 years. His main sources of income are tea leaves, coffee, bananas, maize, and potatoes.
He wants to venture into fish farming and thus has requested Juhudi Kilimo to help him fund this project. This loan will generate more income, improving his family's living standards and providing a better education for his child. The major challenge that he faces is inadequate funds. He says that in the next five years, he will buy a posho mill.
Robert says that he will make maximum use of Juhudi Kilimo's funds to boost his production.
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.