Mary is a small-scale farmer from Ndaragwa town in the Mt. Kenya Region. She has been practicing mixed farming for the past twenty years. Her main produce is cabbages which she sells to the local market. Farming has been her main source of income over the years.
Mary is aged fifty-six years and married with six children, two of whom are currently attending school.
She has requested her first loan of 30,000 KES (Kenyan Shillings) from Juhudi Kilimo in order to buy a water pump. She is going to install this pump in her farm for irrigation when there is drought. Mary says that she will be able to have vegetables throughout all the seasons now that she has a way of fighting drought. She plans to expand her farming in the near future by planting tomatoes and onions as well.
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.