Robert lives in the Kisii area of Kenya, which is not far from Masai land. He has five children and has been doing agricultural work for eight years. His primary income sources are eggs, tea, crops and transportation services.
He says the most enjoyable part about agriculture is that he can earn a living. His biggest challenge is a lack of market. He wants to purchase a dairy cow. Animals on his farm have not been given names.
Robert was asked why he chose Juhudi Kilimo for this loan, to which he replied, "the low interest rate and customer friendly." Robert also says that the micro-finance training session he attended was very client friendly.
His highest monthly expense is school fees. When asked how will this loan benefit his family, Robert replied, "Improve living standard."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Robert owns the following: poultry and a motorcycle, household mosquito net, solar power, TV and DVD player. Robert's how does not have electricity, running water or a sewing machine.
Juhudi Kilimo tries to measure any change in living standards based on its loans.
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.