Johana lives in the Muranga area of Kenya, which produces coffee for export. He has 9 children and has been doing this work for 25 years. His primary income sources are tea crops.
He stated what is most enjoyable about farming is selling farm produce. His biggest challenge is cultivating. Animals on the farm have been given the names of 'Kabiru.'
Johana was asked why he chose Juhudi Kilimo for this loan, he replied, "It is helping farmers do agri- business." This client was also asked what was learned during Juhudi's required micro-finance training session: 'How to manage his finances.'
His highest monthly expense is farming costs. When asked how will this loan benefit his family, Johana replied, "It will improve our living standards."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Johana owns the following: a cow, pump, bicycle, motorcycle' but he does not own a pig, poultry, 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, electricity, running water, TV, and DVD but does not have solar power 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.