Mary, 51, is a farmer in Nkubu county in Kenya, where she lives with her three children, who are all adults and through with school. She is a widow and has been farming for twenty years, producing milk, french beans, potatoes, maize and wheat, which she sells at the local market.
She is requesting a 60,000 KES loan from Juhudi Kilimo to purchase water tanks and water pipes for irrigation, which will help her water her crop even when there is little rainfall and yield more crops, to generate more food for the family and income to improve her living standards. She aspires to buy a vehicle to help her transport her produce, in the next five years.
Poor road networks and lack of security are her major challenges in farming.
Mary says Juhudi Kilimo is the best microfinance institution for 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.