Mary is a mother of four adults, between the ages of 31 and 21. Her last-born child is still pursuing a college education.
Mary has been in farming for 10 years and currently sells her milk, eggs and maize to the local market. She runs a salon business in the local market.
Mary has requested a loan of 41,600 KES from Juhudi Kilimo to buy and insure a dairy cow. She is focusing on owning at least four dairy cows. She also plans to venture into a transport business in the future to improve her family's living standards.
Mary says animal diseases are the main challenges in farming.
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.