Jacinter lives in the Kitale area of Kenya, which lies in the northern part of the Rift Valley. She has three children and has been doing this work for three years. Her primary income sources are eggs, crops and personal business.
She stated what is most enjoyable about farming: 'She enjoys selling eggs and poultry.!' Her biggest challenge is 'Cleaning the poultry house. The animal in the farm is named 'Wengi'. She has requested a loan of 60,000 KES from Juhudi Kilimo to buy more poultry birds.
Jacinter was asked why she chose Juhudi Kilimo for this loan, to which she replied: 'Because of good savings and low interest rates.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'She learned how to save and plan for money.'
Her highest monthly expense is business-related. When asked 'How will this loan benefit your family?', Jacinter replied 'By getting eggs for sale and improving the family business.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Jacinter owns the following: 'poultry, bicycle, motorcycle' but does not own 'cow, pig, pump, 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, solar power, sewing machine, TV, DVD' but does not have 'running water'.
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.