Mary is a mother of four children who are aged between 18 and 12 years and has been in farming for 15 years in her rural home in Nkubu, Central Kenya. She produces bananas and cereals, mainly maize and sorghum, and sells them at the local market.
Mary has requested a loan of 30,000 Kenyan Shillings (KES) from Juhudi Kilimo to buy piglets. She says pork has become a popular delicacy due to high cost of beef and now provides a ready market for the farmers. She will use her farming income to educate her children and improve their living standards.
Mary reiterates Juhudi Kilimo loans have improved the lives of many farmers in her area.
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.