Henry lives in the Eldoret area of Kenya, which is a primary milk-producing area. He has five children and has been doing this work for 15 years. His primary income is derived from selling milk, eggs, crops, transportation services and personal business.
He stated what is most enjoyable about farming is "earning from agriculture." His biggest challenge is "access to funds." Animals on the farm have been given the names of "Tuiyo."
Henry was asked why he chose Juhudi Kilimo for this loan, to which he replied that he knew about juhudi kilimo through a group member. This client was also asked what was learned during Juhudi's required micro-finance training session. His reply was, "I learned how to work in a group to boost one's income."
Henry's highest monthly expense is business-related. When asked how this loan will benefit his family, Henry said that it will boost his dairy-farming.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Henry owns a cow, poultry and motorcycle. But he does not own a pig, pump, bicycle or automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household a mosquito net but does not have electricity, solar power, running water, 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.