Susan lives in the Muranga area of Kenya, which lies in the central Rift Valley. She has three children and has been doing this work for 21 years. Her primary income sources are milk, crops and her personal business.
Susan stated what is most enjoyable about farming, "The returns I get from the work I do." Her biggest challenge is, "Getting the right breed when doing artificial insemination." Animals on the farm have been given the names of 'Kilindi, Mzungu, Bahati.'
Susan was asked why she chose Juhudi Kilimo for this loan, to which she replied: "Juhudi has favorable terms." Susan was also asked what was learned during Juhudi's required micro-finance training session and she said, "They support farmers in doing agribusiness."
Her highest monthly expense is farming. When asked how will this loan benefit her family, Susan replied "Income from the sale of milk will cater for her family's needs."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Susan 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, electricity, TV, DVD' but does not have 'solar power, running water or a sewing machine'.
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.