Emily lives in the Eldoret area of Kenya, which is home to the main campus of Moi University. She has three children and has been doing this farming work for four years. Her primary income sources are milk, eggs and crops.
She stated what is most enjoyable about farming: "Milking my cow." Her biggest challenge is getting dairy feeds. An animal on the farm has been given the names of Sossini.
Emily was asked why she chose Juhudi Kilimo for this loan, to which she replied: "They offer affordable interest rates." This client was also asked what was learned during Juhudi's required micro-finance training session: "Dairy keeping."
Her highest monthly expense is farming costs. When asked how this loan will benefit her family, Emily replied that she will get milk to feed her family.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Emily owns the following: cow and poultry, but does not own a 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 a mosquito net, solar power, TV and DVD, but does not have electricity, 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.