Justine lives in the Kitale area of Kenya, which has a high regional output of maize. She has seven children. Her primary income sources are milk, eggs, crops, and personal business. She has been doing this work for 15 years.
Justine stated what is most enjoyable about farming: "Poultry keeping and dairy farming!" Her biggest challenges are animal diseases and expensive animal feed. Animals on the farm have been given the names of 'Seroi' and 'Lelmet.'
Justine will use the loan of 30,000 KES from Kiva partner Juhudi Kilimo to buy poultry birds.
Justine was asked why she chose Juhudi Kilimo for this loan, to which she replied: "Because it gives loans to small-scale farmers, so as to improve their lives." This client was also asked what was learned during Juhudi's required microfinance training session: "They are financial institutions that offer short-term loans."
Her highest monthly expense is school fees. When asked how this loan will benefit her family, Justine replied, "Money from the sale of poultry and its products will enable me to pay school fees for my children."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Justine owns the following: a cow, poultry, a bicycle, and an automobile, but she does not own a pig, a pump or a motorcycle. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household a mosquito net, a sewing machine, and a television, but does not have electricity, solar power, running water or a 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.