William lives in the Kisii area of Kenya, which has a scarcity of available land. His primary income sources are milk, crops, and personal business. He has five children and has been doing this work for seven years.
He stated what is most enjoyable about farming: 'Weeding crops.' His biggest challenge is 'Pests and diseases affecting crops and animals.' Animals on the farm have been given the names of 'Owino.'
William was asked why he chose Juhudi Kilimo for this loan, to which he replied: 'Because they finance dairy products.' This client was also asked what was learned during Juhudi's required micro finance training session: 'That savings show an individual's activeness in a group.'
His highest monthly expense is school fees. When asked 'How will this loan benefit his family', William replied, 'We will have improved nutrition by consumption of milk.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. William owns the following: 'cow, poultry, pump, bicycle' but does not own 'pig, motorcycle, automobile'. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household 'mosquito net, sewing machine, TV' but does not have 'electricity, solar power, running water, DVD'.
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.