Sally lives in the Eldoret area of Kenya, which is a primarily milk producing area. She has 4 children and has been farming for 15 years. Her primary income sources are milk, eggs, and crops.
She stated what is most enjoyable about farming is keeping dairy animals and having them be a source of income to the family for a long time. Earning from selling milk derives satisfaction. Her biggest challenge is a lack of modern training on how to keep dairy animals and to optimize their production. Animals on the farm have been given the names of Maridadi and Tausi.
Sally was asked why she chose Juhudi Kilimo for this loan, to which she replied that she learned of Juhudi from a friend after a marketing team from Juhudi visited Ndalat. This client was also asked what was learned during Juhudi's required micro-finance training session. Her answer was: How to work in groups, acquire assets through group lending and repay the loan.
Her highest monthly expense is school fees. When asked, how will this loan benefit your family?, Sally replied there will be more income from milk sales due to increased production.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Sally owns the following: cow, and poultry but does not own pig, pump, bicycle, 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, but does not have electricity, solar power, running water, sewing machine, 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.