Truphena lives in the Eldoret area of Kenya and has one child. This area is a primary milk-producing region. For the past two years, Truphena has been a farmer who sells milk, eggs, and crops. Truphena states that "milking and feeding cows!" are the most enjoyable parts of farming. Her biggest challenge is the "expansion of dairy plant." One of her animals is named Chemurgutstubborn. When asked why she chose Juhudi Kilimo for her loan Truphena replied, "it assists small-scale farmers with finances to improve production." She learned about a savings culture during her required Juhudi microfinance training session. Truphena's greatest monthly expenses are farming costs. She believes that her loan will benefit her family by "increased income and thus more disposable income."
Truphena is requesting a loan to buy a dairy cow. As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Truphena owns a cow, poultry, a pump, a bicycle, and a motorcycle but does not own a pig or an automobile. Juhudi Kilimo also tries to measure any change in living standards based on individual loans. Truphena has a household mosquito net and DVD but does not have electricity, solar power, running water, a sewing machine, or TV.
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.