Nicodemus lives in the Kisii area of Kenya, which is primarily a region growing bananas and sugar cane. He has 2 children and has been doing this work for 4 years. His primary income sources are eggs and personal business.
He stated what is most enjoyable about farming:"Good harvest!" His biggest challenges are animal diseases. The animal on the farm is named "Nyangera."
Nicodemus was asked why he chose Juhudi Kilimo for this loan, to which he replied: "It serves everyone." This client was also asked what was learned during Juhudi's required micro-finance training session: "The easy availability of loans."
His highest monthly expense is business related. When asked "How will this loan benefit your family?", Nicodemus replied "It will allow us to buy a dairy cow."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Nicodemus owns a cow and some poultry, but does not own pigs, a pump, a bicycle, a motorcycle, or an automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household a mosquito net and running water, but does not have electricity, solar power, 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.