Janeth lives in the Kericho area of Kenya, which lies in the tea growing region of Kenya. She has 2 children and has been doing this work for 4 years. Her primary income sources are milk, eggs, crops. She stated what is most enjoyable about farming, poultry keeping. Her biggest challenge is, outbreak of diseases.
Janeth was asked why she chose Juhudi Kilimo for this loan, to which she replied, because of training after given loans and before. This client was also asked what was learned during Juhudi's required micro-finance training session, when loans are repaid on time the cost will reduce.
Her highest monthly expense is farming costs. When asked how this loan will benefit her family, Janeth replied the family income will increase and living standard will improve.
Janeth owns a cow and poultry, but does not own a pig, a pump, a bicycle, a motorcycle, or an automobile.
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.