Jane lives in the Muranga area of Kenya, which produces coffee for export. She has four children and has been doing farming business for 10 years. Her primary income sources are eggs, tea and crops.
She will use the loan to buy more poultry birds.
She stated what is most enjoyable about farming is that she "enjoys growing beans and maize!" Her biggest challenge is "high cost of inputs making work difficult." The goat has been given the name of "Muiru" because the goat is black in colour.
Jane was asked why she chose Juhudi Kilimo for this loan, to which she replied, because she wants to improve her farming. This client was also asked what was learned during Juhudi's required micro-finance training session: "Microfinance helps small scale farmers to grow their businesses."
Her highest monthly expense is family expenses. When asked how this loan would benefit her family, Jane replied that she will be able to provide for the family's basic needs as well as paying for their school fees.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Jane owns the following: poultry, pump, bicycle, but does not own cow, pig, motorcycle or automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household mosquito net and running water but does not have electricity, solar power, sewing machine, TV or DVD.
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.