Reah lives in the Nyamira area of Kenya, which is a popular banana growing region. She has 4 children and has been doing this work for 20 years. Her primary income sources are tea and crops.
She stated that what is most enjoyable about farming is harvesting. Her biggest challenge is tea picking. Animals on the farm have been given the names of 'Matondo.'
Reah was asked why she chose Juhudi Kilimo for this loan, to which she replied: "They work closely with farmers." This client was also asked what she learned during Juhudi's required micro-finance training session and she replied, "Savings culture."
Her highest monthly expense is school fees. When asked how this loan will benefit her family, Reah replied, "Their living standard will be raised."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Reah owns a cow, but does not own a pig, poultry, pump, bicycle, motorcycle or automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower does not have a mosquito net, electricity, solar power, running water, sewing machine, TV or 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.