Judith lives in the Litein area of Kenya. She has 8 children and has been doing this work for 12 years. Her primary income sources are milk, eggs, and tea.
She stated that she enjoys farming, and that her biggest challenge is poor weather. An animal on the farm has been given the name Karoi.
Judith was asked why she chose Juhudi Kilimo for this loan, to which she replied: "Good and affordable interest rates." This client was also asked what was learned during Juhudi's required micro-finance training session, and she said that the organization offers low-interest loans.
Her highest monthly expenses are school fees. She says that this loan will allow her family to get more income.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Judith owns a 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 a mosquito net in the household but does not have electricity, solar power, running water, a sewing machine, a TV, or a DVD player.
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.