Mary is a farmer in Kisii, South Rift, Kenya. She has been farming for three years, producing maize, eggs and layers which she sells at the local market. She has one farmhand and is married with seven adult children.
Mary has requested a loan of 72,692 KES from Juhudi Kilimo to purchase and insure a dairy cow. She says this will supplement her poultry income and enable her to expand her farming business. She intends to upgrade her dairy breeds for better output.
Mary says lack of efficient artificial insemination services and vaccination for the cows are proving to be great challenges.
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.