A loan of $625 helped to buy and insure a dairy cow.

Joseph's story

Joseph lives in the Murang'a area of Kenya, which produces and exports coffee. His primary source of income comes from his personal farming business where he produces eggs, tea and other crops. He has four children and has been doing this work for 23 years. What he enjoys most about farming is growing kale, maize, peas, flowers and tea. His biggest challenge is not having enough seeds and fertilizer for planting season.

With this loan he wants to buy his first dairy cow. Joseph chose Juhudi Kilimo for this loan in order to get financial assistance to help him expand his farming. During Juhudi's required micro-finance training session, Joseph said that he learned that microfinance can help a farmer buy an asset that will help expand his farming. Joseph believes that the loan will benefit his family because it will give him a means to provide for his family's needs. His highest monthly expense is school fees.

As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Joseph owns poultry and a bicycle, but does not own a cow, pig, pump, motorcycle or automobile. Juhudi Kilimo also tries to measure any change in living standards that may come from a loan. This borrower has running water in his home, but does not have a mosquito net, electricity, solar power, a sewing machine, TV, or DVD player.

Note: To create this loan profile, Juhudi Kilimo used a mobile device to gather information in the field and send the data to a central online repository, thus reducing paper use, making the process more efficient, and keeping costs down.

Loan details

Lenders and lending teams

Loan details