Jonathan lives in the Eldoret area of Kenya, which is a primary milk-producing area. He has three children and His primary income sources are milk, eggs, crops, personal business, and he has been doing agricultural work for 12 years..
He stated that what is most enjoyable about farming as "earning from agricultural products." His biggest challenge is "lack of funding to increase production." One animal on his farm has been given the name Murgusi.
Jonathan was asked why he chose Juhudi Kilimo for this loan. He replied, "To access funds from Juhudi Kilimo to boost agricultural projects." This client was also asked what was learned during Juhudi's required micro-finance training session. He responded, "'How [to] work in a group to boost agricultural projects."
His highest monthly expense is farming costs. When asked how this this loan will benefit his family, Jonathan replied, "[It] will boost agricultural projects."
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Jonathan owns the following at least one cow and poultry, but does not own a pig, pump, bicycle, motorcycle, or automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household mosquito netting, but does not have electricity, solar power, running water, a 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.