Geoffrey lives in the Ndaragwa area of Kenya, which has one of the cooler climates in Kenya.His primary income sources are milk, eggs and crops. He has 2 children and has been doing this work for 10 years.
He stated what is most enjoyable about farming: "Selling farm produce." His biggest challenge is "Marketing the farm produce." Animals on the farm have been given no names.
Geoffrey was asked why he chose Juhudi Kilimo for this loan, to which he replied: "They have good loan terms." This client was also asked what was learned during Juhudi's required micro-finance training session: "Group co-guarantee members to get a loan."
His highest monthly expense is school fees. When asked how this loan will benefit his family, Geoffrey replied that it will improve their farming and give them more income.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Geoffrey owns the following: cow, poultry, but does not own: pigs, 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: a TV (used with the car battery), but does not have a mosquito net, electricity, solar power, running water, sewing machine, 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.