Mary is 41 years old and a farmer in Nkubu County in Kenya, where she lives with her husband and three children. Two of her children are in school. She has been in farming for seven years and produces tea and coffee and sells them to the people around her local area.
Mary is requesting a loan of 31,200 KES from Juhudi Kilimo to purchase and insure a dairy cow, which will help in boosting her income and uplifting her living standards. It will also help her in managing to pay school fees for her children. She plans to start selling cereal as an additional source of income.
Drought, pests, and diseases are her major challenges in farming.
Mary feels that Juhudi Kilimo is the best microfinance institution for small scale farmers.
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.