Shellmith lives in the Ndaragwa area of Kenya, which has one of the cooler climates in Kenya. She has 6 children and has been doing this work for 20 years. Her primary income sources are milk, eggs and crops.
She stated what is most enjoyable about farming: 'Taking care of my dairy cows'. Her biggest challenge is 'Feeding the animals.' Animals on the farm have been given the names of 'Kanji, Varentine (all cows).'
Shellmith was asked why she chose Juhudi Kilimo for this loan, to which she replied: 'It's easy to borrow.' This client was also asked what was learned during Juhudi's required microfinance training session: 'They assist people to get loans with little security.'
Her highest monthly expense is school fees. When asked 'How will this loan benefit your family', Shellmith replied 'It will improve my dairy farming, leading to increased milk production.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Shellmith owns the following: 'cow, poultry, pump and bicycle' but does not own 'pig, motorcycle or automobile'. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household 'mosquito net, solar power, running water, TV and DVD' but does not have 'electricity or 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.