Dinah lives in the Nyamira area of Kenya, which is a popular banana growing region. She has six children and has been doing this work for 15 years. Her primary income sources are from selling crops, eggs, and tea.
She stated what is most enjoyable about farming: 'banana planting!' Her biggest challenge is 'Tea picking.' Animals on the farm have been given the names of 'Sindikisa.'
Dinah was asked why she chose Juhudi Kilimo for this loan, to which she replied: 'They deal with farmers.' This client was also asked what was learned during Juhudi's required micro-finance training session: 'Savings culture.'
Her highest monthly expense is school fees. When asked 'How will this loan benefit your family?', Dinah replied 'School fee payment will be easy.'
As part of Juhudi's loan appraisal process, each borrower's assets are evaluated. Dinah owns the following: cow, pump but does not own pig, poultry, bicycle, motorcycle, automobile. Juhudi Kilimo also tries to measure any change in living standards based on this loan. This borrower has in the household a mosquito net, solar power, TV but does not have electricity, running water, sewing machine, DVD.
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.