My team and I were assigned to work at a consultancy project for Juhudi Kilimo, a micro-asset financing institution that serves smallholder farmers in Kenya. It is similar to microfinance, but instead of providing loans for creating a business, Juhudi provides loans for purchasing assets, such as dairy cows and poultry. I have always been a big fan of microfinance and Muhammad Yunus. I was very inspired by one of Yunus' books and when I found out that I was going to work with Juhudi, I became really excited.
During my three weeks in Kenya, my team and I got the chance to visit Juhudi's field offices in rural Kenya and attend client meetings. We got to learn about how microfinance is conducted on the grassroots level and analyze what kind of improvements that can be done. Juhudi's clients, who were mostly farmers, were very committed. They routinely came to group meetings and paid back their loans according to schedule. They also conducted their meetings in a very effective and efficient manner. This is a video of one of the meetings we attended: