Mary is age 36 and married with one child who is age 12 years and in school. Mary has been in farming for 14 years running and currently produces milk, maize, beans, vegetables, and poultry birds. She runs a retail business in the local market dealing with grocery items.
Mary has made a loan request of 31,200 Kenya shillings (KES) from Juhudi Kilimo to buy and insure a dairy cow. She believes this will improve her farming income, which she will then use to expand her retail business and purchase more land.
Mary says the major challenges in farming include substandard input materials and high cost of feeds. She is happy with her Juhudi Kilimo partnership and believes she will be able to meet her family's needs adequately.
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.