Juhudi Kilimo
This is a loan product that enables farmers to acquire a wide range of farm animals and invest in high breed dairy cows, poultry, dairy goat farming, sheep, rabbits, bee keeping and fish farming among others.
Product Overview & Scale
- Fsp NameJuhudi Kilimo
- Fsp ID104156
- As of Date10/31/15
- CurrencyUSD
- Product NameFarm Animal Loans
- CountryKenya
- Total Clients Bracket<50,000
- Product Clients Bracket<10,000
- Number of Product Clients2,405
- Percent of Total Clients that are Product Clients5%
- Average Loan Size Per Client57
- Average Loan Size Per Client57
Financial Structure & Pricing
- loan or product structure is flexibleFALSE
- repayment structure is flexibleFALSE
- loan or product term covers growing seasonTRUE
- loan or product term covers growing season if yes describecovers year-round
- grace period offeredFALSE
- group or individual loanBoth
- apr35%
- average loan processing time days3
- is apr or other transparent pricing communicated to clientsTRUE
- is apr or other transparent pricing communicated to clients if yes describeFor over 6 weeks our loan officers offer extensive training to help clients improve business and finance skills, understand the loan process, pricing and work together.
- type of primary insurance productLife/funeral insurance
- annualized repayment rate of the product95- 98%
Value Chain Support
- inputs assets services are readily availableFALSE
- inputs assets services are available at time demanded by clientFALSE
- inputs assets services available within reasonable distance of clientFALSE
- inputs assets services are of good qualityFALSE
- informal management services providedFALSE
- formal programs in place for post harvest managementFALSE
- informal linkages exist between clients and buyers producersFALSE
- formal linkages exist between clients and buyers producersFALSE
- guaranteed market opportunities exist for clientsFALSE
Training
- agricultural training available to clientsTRUE
- agricultural training available to clients if yes describeWe partner with NGOs and government extension service officers to offer training and information on new farming methods, business management and financial management to our clients in Kenya
- agricultural training available to clients using formal curriculumTRUE
- multiple agricultural trainings delivered during product cycleTRUE
- organization does quality checks on trainingsTRUE
- financial literacy training takes places yes noTRUE
- classroom theoretical training offered by administering partyTRUE
- training engages clients in participatory learning with additional materialsTRUE
- training is offered in a convenient location for clientsTRUE
Measuring Impact
- regular measurement of farmer yields takes placeTRUE
- formal measurement with strong control groupFALSE
- rct or other academic quality work done to verify resultsFALSE
- measurement of change to profit income or poverty reduction takes placeTRUE
- measurement of change to profit income or poverty reduction takes place if yes describePPI is collected at every new loan cycle
- using methodical process over time to measure changeTRUE
- what type of poverty measurement metric is usedProgress out of Poverty Index (PPI)