Mary is a hardworking farmer from Litein town in Rift Valley, Kenya. She is 40 years old and married with ten children between the ages of 2 and 15. Five of the children are currently attending school.
She has been practicing mixed farming for over 10 years and her main product is milk which she sells to the local market. She is also a cash crop farmer and sells her tea to the local market. Her major challenges in this business are a lack of enough food for the dairy cows and insufficient water since there is no piped water and they have to rely on water from the river which is very far away.
Mary has requested this loan from Juhudi Kilimo for 45,000 KES to purchase and insure a dairy cow. With the income from the sale of milk, she will be able to provide food for her family and pay school fees for her children.
She would like to have five dairy cows in the next five years. She would also like to be assisted in sourcing for good quality dairy cows.
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.