Mariam is a 69-year-old farmer in Kitale, Kenya, where she lives. She has two children who have both cleared school. She is widowed and has been practicing mixed farming for the past 44 years, producing maize, beans, and potatoes, which she sells to the people around her local area. For an additional source of income, she works as an herbal medicine administrator.
Mariam has made a loan request amounting to 31,200 KES from Juhudi Kilimo to help her buy and insure a dairy cow. She says the income will help with her family upkeep. She remains optimistic she will be able to run farming business more professionally after gaining more skills and getting more training with time.
Mariam however mentions poor infrastructure and animal diseases as the major 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.