A loan of $750 helped to purchase a dairy cow.

Kennedy's story

Kennedy lives in the Eldoret area of Kenya, which is the training ground for many of Kenya's Olympic runners. He has three children. For the past six years, Kennedy has been a farmer who sells milk, eggs, and crops. He finds milking to be the most enjoyable part of farming and states that operating costs are the biggest challenge. Animals on his farm have been given names of Leel and Met. When asked why he chose Juhudi Kilimo for his loan, replied, "low interest rate." Kennedy learned record keeping during Juhudi's required microfinance training session. His highest monthly expense is farming costs and he expects his loan to benefit his family by "increasing the food supply."

Kennedy is requesting a loan to buy a dairy cow. As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Kennedy owns a cow, poultry, and a bicycle but does not own a pig, pump, motorcycle, or automobile. Juhudi Kilimo also tries to measure any change in living standards based on their loans. Kennedy has a mosquito net and running water in his household but does not have electricity, solar power, sewing machine, a TV, or 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.

Loan details

Lenders and lending teams

Loan details