Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status update - September 24, 2024

Kiva and Digital Divide Data (DDD) have agreed to end their partnership after nearly nine years and more than $417,000 in loans raised. This partner has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank DDD for the years of collaboration and wish them success in their future endeavors.

Partner description:

Digital Divide Data is a social enterprise that employs talented disadvantaged youth across Cambodia, Kenya, and Laos. The company provides digital content services, including digitization, data conversion, process automation, and web and field research services for clients around the world.

Employees at Digital Divide Data have access to an intensive work-study program that allows them to grow as they learn basic skills, develop technical capabilities, and earn degrees that enable them develop professionally.

A unique lending approach:

Digital Divide Data recruits highly-motivated youth from poor families, with an equal share of female and male individuals, and trains them to perform digital work for global clients, while offering them an opportunity to earn university degrees.

Kiva funding is used to help students pay for a share of their university tuition fees, as a complement to scholarships provided by the company. These loans will be used by students to pay for expenses that are not covered by the scholarships and also for personal hardships.

Loans will be provided at 0% interest rate in the majority of cases and at 4% to contribute to covering administrative costs in geographies where costs to manage the loan program are more elevated.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Dec 9, 2015 Oct 12, 2005
Total Loans $417,350 $2,068,438,885
Amount of raised Inactive loans $0 $284,300
Number of raised Inactive loans 0 150
Amount of Paying Back Loans $0 $157,724,855
Number of Paying Back Loans 0 188,960
Amount of Ended Loans $417,350 $1,865,135,625
Number of Ended Loans 741 2,517,596
Delinquency Rate 0.00% 12.68%
Amount in Arrears $0 $12,393,563
Outstanding Portfolio $0 $97,704,291
Number of Loans Delinquent 0 65,395
Default Rate 5.76% 1.83%
Amount of Ended Loans Defaulted $24,032 $34,099,776
Number of Ended Loans Defaulted 113 91,359
Currency Exchange Loss Rate 0.01% 0.47%
Amount of Currency Exchange Loss $25 $12,915,654
Refund Rate 1.66% 0.54%
Amount of Refunded Loans $6,925 $11,271,635
Number of Refunded Loans 15 9,871

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 51.39% 78.52%
Average Loan Size $430 $393
Average Individual Loan Size $584 $585
Average Group Loan Size $407 $1,915
Average number of borrowers per group 3.4 8.3
Average GDP per capita (PPP) in local country $54,800 $5,593
Average Loan Size / GDP per capita (PPP) 0.78% 7.03%
Average Time to Fund a Loan 3.76 days 9.15 days
Average Dollars Raised Per Day Per Loan $114.22 $42.97
  Average Loan Term 19.24 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 412 1,231,085
  Journaling Rate 47.77% 41.88%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2020 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 36.00% PY 27.12% PY
  Profitability (return on assets) 20.87% 0.5% -1.71%
  Average Loan Size (% of per capita income) N/A 56.00% 0.00%

Country Fast Facts

Lending Partner Staff