Leah lives in the Eldoret area of Kenya, which is extremely fertile for agriculture. She has 6 children and has been doing this work for 15 years. Her primary income sources are the sales of milk, eggs and crops, which is her personal business.
She stated that what is most enjoyable about farming is "tending to crops and watching them flower!" Her biggest challenge is "getting water during the dry seasons" for her crops and animals. She has requested a loan of 62,400 KES from Juhudi Kilimo to help her buy and insure a dairy cow.
Leah was asked why she chose Juhudi Kilimo for this loan, to which she replied, "I heard about Juhudi from a Juhudi officer." This client was also asked what was learned during Juhudi's required micro-finance training session. She replied, "I learned about record keeping and group leaderships."
Her highest monthly expense is school fees. When asked, "How will this loan benefit your family?" Leah replied, "My asset base will increase and I will be able to take my kids to school."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Leah owns the following: 'cow, poultry, pump, bicycle' but does not own 'pig, 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' but does not have 'electricity, solar power, running water, sewing machine, TV, DVD'.
Note: To create this loan profile, Juhudi Kilimo used a mobile device to gather information in the field and sent 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.