Mary lives in the Eldoret area of Kenya, which is the training grounds for many of Kenya's Olympic runners. She has 5 children and has been doing this work of farming for 13 years. Her primary income sources are milk, eggs, crops and personal business.
She stated what is most enjoyable about farming: 'Earning from agriculture.' Her biggest challenge: 'Financial access by small scale farmers is a challenge.' Animals on the farm have been given the names of 'Chirwat.'
Mary was asked why she chose Juhudi Kilimo for this loan, to which she replied: 'I joined Juhudi through a friend in a Juhudi group.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'I learned how Juhudi works to boost farmers' income through asset financing.'
Her highest monthly expense is school fees. When asked, 'How will this loan benefit your family?', Mary replied, 'I will purchase a dairy cow to boost milk production.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Mary owns the following: 'cow, poultry' but does not own 'pig, pump, bicycle, 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, TV' but does not have 'electricity, solar power, running water, sewing machine, 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.