Robert lives in the Nyamira area of Kenya, which is a popular banana growing region. He has three children and has been doing this work for 15 years. His primary income sources are milk, eggs, tea, crops, and personal business.
He stated what is most enjoyable about farming: 'Having variety of farm goods to sell.' His biggest challenge is 'Drugs are expensive to buy.' Animals on the farm have been given the names of 'Nyangera.'
Robert was asked why he chose Juhudi Kilimo for this loan, to which he replied: 'Dairy cow.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'Gives loans and insures their farmers.'
His highest monthly expense is farming costs. When asked 'How will this loan benefit his family', Robert replied, 'Offer basic needs after investing.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Robert owns the following: 'cow, poultry' but does not own 'pig, pump, bicycle, 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, solar power, sewing machine, TV' but does not have 'electricity, 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.