Dina lives in the Eldoret area of Kenya, which is a primary milk producing area. She has four children and has been doing this work for fifteen years. Her primary sources of income are milk, eggs and crops.
She stated what is most enjoyable about farming as 'rearing poultry.' Her biggest challenge is 'access to agricultural finance.' Animals on the farm have been given the names of 'Lelgina.'
Dina was asked why she chose Juhudi Kilimo for this loan, to which she replied: 'I joined Juhudi following the success of other Juhudi members.' This client was also asked what was learned during Juhudi's required micro-finance training session, she said 'I learnt how I could boost my production and income from funding from Juhudi.'
Her highest monthly expense is farming costs. When asked 'How will this loan benefit her family?' Dina replied 'it will boost my poultry project by increasing production and income.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Dina owns the following: a cow and poultry but she does not own 'pigs, pumps, bicycles, motorcycles or automobiles'. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household 'a mosquito net' but does not have 'electricity, solar power, running water, 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.