Janeth lives in the Litein area of Kenya. She has three children and has been doing this work for five years. Her primary income sources are;eggs, milk, crops and personal business.
She stated that what is most enjoyable about farming is digging. Her biggest challenge is lack of enough financial resources. Animals on the farm have not been given names.
Janeth was asked why she chose Juhudi Kilimo for this loan, to which she replied, "They offer good services." This client was also asked what was learned during Juhudi's required micro-finance training session and she replied, "'They are good for our lives."
Her highest monthly expense is farming costs. When asked, "How will this loan benefit her family' Janeth replied that it will improve their livelihood.
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Janeth owns cows,poultry, but does not own pigs,a pump, a bicycle, a motorcycle, or an automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household mosquito net and running water but does not have electricity, solar power, a sewing machine, a TV, or a 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.