Cicilia lives in the Kisii area of Kenya, which is scarce in available land. She has five children and has been doing this work for 35 years. Her primary income sources are milk, tea and crops.
What Cicilia enjoys most about her work is farming maize, wheat and coffee. Her biggest challenge is a lack of capital. Animals on the farm have been given the names Kirauni and maridadi (which some sources translate as "crown" and "conceited").
Cicilia chose Juhudi Kilimo for this loan because of its lower interest rates. During Juhudi's required micro-finance training session, she says she learned how to save.
Cicilia’s highest monthly costs are family expenses. She says this loan will benefit her family by improving their lives.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Cicilia owns cows and poultry but not a pig, pump, bicycle, motorcycle or automobile.
Juhudi Kilimo also tries to measure any change in living standards based on this loan. Cicilia has a mosquito net but does not have electricity, solar power, running water, a sewing machine, TV or DVD player.
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.