Alfonce lives in the Eldoret area of Kenya. He has four children and has been doing his work for 20 years. His primary income sources are milk, eggs, crops and personal business.
Alfonce was asked why he chose Juhudi Kilimo for this loan, to which he replied: "For the time [I have] been in Juhudi, I know its goodness." This client was also asked what was learned during Juhudi's required microfinance training session, and he said he has learned how to invest wisely.
His highest monthly expense is farming costs. When asked, "How will this loan benefit your family?" Alfonce replied that from the loan investment, he will be able to save for his children's school fees as they're almost joining high school. He will be able to increase his asset base too.
Alfonce also stated what is most enjoyable about farming: He loves farming and seeing his crops grow, and the harvest is very satisfying! His biggest challenge is fluctuating demand during the high and low seasons. Animals on the farm have been given the names of "Super" and "Mrembo."
List of assets to choose from: [Cow, Poultry, Pig, Bicycle, Motorcycle, Automobile, Tractor, Pump]
Given the above list of assets, Alfonce owns the following: [cow] [poultry] [bicycle]
List of household items to choose from: [mosquito net, electricity, solar power, running water, sewing machine, TV, DVD]
Given the above list, Alfonce's household has the following: [net]
*****For this profile template, Juhudi Kilimo is making microfinance more efficient by gathering information using a mobile device in the field and sending the data to a central online repository, thus reducing paper and keeping costs down!*****
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.