James lives in the Muranga area of Kenya, which lies in the central Rift Valley. He has six children and has been doing this work for 43 years. His primary income sources are milk, eggs, tea, crops, and a salary job.
He stated what is most enjoyable about farming: "The returns and the freedom," which enables him to engage in other activities. His biggest challenge is unfavorable weather conditions. He hasn't named the animals on his farm.
James was asked why he chose Juhudi Kilimo for this loan, to which he replied: "Because of the favorable terms." This client was also asked what was learned during Juhudi's required microfinance training session: "Microfinance can help small-scale farmers to grow."
His highest monthly expense is school fees. When asked how this loan would benefit his family, James replied that he will be able to pay school fees for the last child who is in university.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. James owns the following: cow, poultry, pump and bicycle, but does not own pigs, 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.
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.