Mary is a farmer from Kisii town in Western Kenya. She has been farming for the last 30 years and has employed one farm-hand. Her main products are maize, sweet potatoes, beans, and groundnuts which she sells locally.
Mary is 52 years old. She is a widowed mother of 4 children between the ages of 8 and 30. Two of the children attend school. Apart from farming, she also operates a retail shop and sells ready-made clothes at the local market. Her primary challenge has been lack of capital to expand her farming activities.
She recently completed her first loan from Juhudi Kilimo and has requested this loan of KES.70,000 to purchase a 'posho' mill (used for grinding maize into flour). The proceeds from this loan will enable her to pay school fees for her children who are in school.
She appreciates the loan she has been given and is planning to apply for other loans in future to improve her financial status.
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.