Edwin lives in the Litein area of Kenya. He has four children. He has been farming for five years. His primary income sources are milk, eggs, and tea.
He stated what is most enjoyable about farming: 'Feeding dairy cows.' His biggest challenge is: 'High cost of feed.' Animals on the farm have been given the name of 'Chelel.'
Edwin was asked why he chose Juhudi Kilimo for this loan, to which he replied: 'It offers low interest rates.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'It trains farmers.'
His highest monthly expense is school fees. When asked how this loan will benefit his family, Edwin replied: 'I will earn more income.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Edwin owns the following: 'cow, poultry,' but does not own 'pig, pump, bicycle, 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.