Linet lives in the Kisii area of Kenya, which is not far from Masai land. She has 3 children and has been doing this work for 6 years. Her primary income sources are milk, eggs, tea, crops, personal business.
She stated what is most enjoyable about farming: 'Source of income.' Her biggest challenge is 'Lack of market.' She wants to purchase a dairy cow. Animals on the farm have not been named.
Linet was asked why she chose Juhudi Kilimo for this loan, to which she replied: 'It is customer friendly, low interest rate.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'Meets client financial needs.'
Her highest monthly expense is school fees.
When asked 'How will this loan will benefit your family,' Linet replied, 'Improve living standard.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Linet owns the following: cow, poultry, mosquito net, TV and DVD.
Juhudi Kilimo also tries to measure any change in living standards based on this loan.
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.