Angelina lives in the Murang'a area of Kenya, which is situated near Nairobi. She has 2 children and has been doing this work (farming) for 14 years. Her primary income sources are milk, crops, job salary and personal business. She will use the loan to buy a water tank to harvest water for her farming activities.
She stated what is most enjoyable to her about farming. She enjoys livestock farming as well as crop farming, especially growing maize and beans! What is her biggest challenge? 'Keeping many dairy cows is because of feeding.' The animal on the farm is named 'Kairu meaning black.'
Angelina was asked why she chose Juhudi Kilimo for this loan, to which she replied that Juhudi is offering loans for farming and she needs a water tank to enable her to do irrigation farming. This client was also asked what was learned during Juhudi's required micro-finance training session: 'Micro-finance helps to eradicate poverty.'
Her highest monthly expense is school fees. When asked 'How will this loan benefit your family?', Angeline replied that she will generate more income which she will channel to educating her children.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Angelina owns the following: 'cow, poultry, pump' but does not own 'pig, bicycle, motorcycle, automobile'. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household 'mosquito net, electricity, running water, TV, DVD' but does NOT have 'solar power, sewing machine'.
Note: To create this loan profile, Juhudi Kilimo used a mobile device to gather information in the field and send the data to a central online repository, thus reducing paper use, making the process more efficient, 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.