Mary is a retired primary school teacher who has been farming for 35 years in Kisii town, western Kenya. She has a mixed farm that produces milk and eggs, which are all sold locally. She has employed one farmhand from her community.
She has requested this loan of 45,000 KES through Juhudi Kilimo to purchase and insure a dairy cow. This dairy cow will enable her to provide her family with enough milk for their own consumption and she will be able to get manure for her farm. She says that it has been hard to get a quality breed of cow and this has been a challenge. She also faces the challenge of lack of artificial insemination services. She plans to buy more dairy cows in future that will increase her milk production. She also wants to expand her poultry farming.
Mary is 56 years old. She is married and has 7 children, all adults. Two of the children are currently attending school.
She comments that the loans they are given are small for much improvement, otherwise there is hope for future improvement.
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.