Mariamu is a 71-year-old farmer and mother of 10. She grows maize and keeps goats, cows and chickens. Mariamu's agricultural businesses face the challenges of daily price fluctuations and drought that causes the animals to starve. Mariamu intends to use her proceeds from her KOMAZA tree farm to build a house and install power.
KOMAZA is a social enterprise founded to convert Africa’s drylands into productive family farms in the eastern part of Kenya. The organization equips smallholder farmers with the supplies and training they need to plant fast-growing and sustainable eucalyptus or melia trees on their unused or underutilized land. In addition to generating income for farmers and their families, KOMAZA's sustainable farming practices help to offset deforestation and provide a stable, affordable source of fuel.
Please note that this loan term is for 10 years. KOMAZA works with farmers over the course of this time period to help them grow healthy and regenerative trees that are then sold as wood commodities. This loan will cover the upfront cost of seeds, fertilizers, and KOMAZA’s staff time needed to support the farmer over the course of the loan term, including multiple harvest cycles.
This model generates years of income for the farmers’ families and creates a sustainable wood supply for local markets. Kiva lenders’ flexible, risk-tolerant capital enables KOMAZA to offer affordable financing to farmers, and to scale faster as an organization to impact more people. Repayments for this loan will come from revenues generated by wood sales, and profits from harvested trees are split equally between the farmer and KOMAZA.
See the story of Ruth and Raphael, KOMAZA farmers, here:
Wach a video about the organization’s work in the field here:
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.