Robert lives in the Kitale area of Kenya, which is an area with high poultry production and consumption. He has four children and has been doing this work for 11 years. His primary income sources are eggs, crops, and transportation services. He will use the loan of 62,400 KES from Juhudi Kilimo to buy and insure a dairy cow.
Robert stated what is most enjoyable about farming: 'Dairy keeping and poultry keeping!' His biggest challenge is 'Animal diseases." One animal in the farm is named 'Maua.'
Robert was asked why he chose Juhudi Kilimo for this loan, to which he replied: 'Because Juhudi Kilimo gives loans to farmers to finance their activities.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'The various assets being financed by Juhudi Kilimo and the importance of directing funds to the intended projects.'
His highest monthly expense is school fees. When asked 'How will this loan benefit your family?', Robert replied 'Income from the sale of milk will boost my other sources of income so as to educate my children and provide my family with other needs.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Robert owns the following: 'poultry, bicycle' but does not own 'cow, pig, pump, motorcycle, automobile'. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household 'mosquito net' but does not have 'electricity, solar power, running water, sewing machine, TV, DVD'.
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.
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.