Evans lives in Kitale, a maize-growing area of Kenya. He has four children and has been a farmer for 16 years. His primary income sources are milk, eggs, crops and other personal business activities.
Evans says that the most enjoyable thing about farming is feeding and milking his dairy cows, while his biggest challenge is the diseases they can catch. He has given the animals on the farm the name "Mrembo". He will use the loan of 52,000 Kenyan shillings (KES) from Juhudi kilimo to buy and insure another dairy cow.
Evans chose Juhudi Kilimo for this loan because the agency gives loans to small scale farmers like him. He learnt about their loans through Juhudi's required micro-finance training session. The agency offers reasonable loan terms that can run up to two years.
When asked how this loan benefit his family, Evans replied 'I will be able to feed my family and take the children to school.' His highest monthly expense is school fees.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated and changes in living standards based on loans are measured. Evans owns cows and poultry but does not own pigs, a pump, a bicycle, a motorcycle or an automobile. His household has mosquito nets but does not have electricity, solar power, running water, a sewing machine, a TV or a DVD player.
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.