There is no Lending Partner for this loan. It is part of the Direct to Social Enterprise program. For more details on DSE, please
click here . For more details on the borrower, please refer to their loan profile.
N/A, direct to Nomanini's Mission Statement
Nomanini's mission is to provide affordable access to payments for everyone, everywhere.
Nomanini is a social enterprise that sells a "business in a box". Called Lula, this portable orange device is like a little digital vending machine for prepaid vouchers for mobile airtime, electricity, water, and insurance. (Many in Africa use prepaid mobile to pay for such services.) People can buy one of Nomanini's boxes and quickly set up a "mini-business" to supplement their incomes.
Repayment Performance on Kiva
This Lending Partner
All Kiva Partners
Start Date On Kiva
Nov 11, 2016
Oct 12, 2005
Total Loans
$50,000
$2,046,857,240
Amount of raised Inactive loans
$0
$329,125
Number of raised Inactive loans
0
224
Amount of Paying Back Loans
$0
$154,628,025
Number of Paying Back Loans
0
186,271
Amount of Ended Loans
$50,000
$1,851,013,910
Number of Ended Loans
1
2,491,542
Delinquency Rate
0.00%
12.11%
Amount in Arrears
$0
$11,277,316
Outstanding Portfolio
$0
$93,149,537
Number of Loans Delinquent
0
54,545
Default Rate
0.00%
1.82%
Amount of Ended Loans Defaulted
$0
$33,742,451
Number of Ended Loans Defaulted
0
88,997
Currency Exchange Loss Rate
0.00%
0.47%
Amount of Currency Exchange Loss
$0
$12,725,634
Refund Rate
0.00%
0.53%
Amount of Refunded Loans
$0
$10,938,345
Number of Refunded Loans
0
9,670
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)
Country Fast Facts
Country : South Africa
Capital : Pretoria
Official Language : IsiZulu (official) 22.7%, IsiXhosa (official) 16%, Afrikaans (official) 13.5%, English (official) 9.6%, Sepedi (official) 9.1%, Setswana (official) 8%, Sesotho (official) 7.6%, Xitsonga (official) 4.5%, siSwati (official) 2.5%, Tshivenda (official) 2.4%, isiNdebele (official) 2.1%, other 2.1%
Population : 48,375,645
Avg Annual Income : $12,700
Labor Force : agriculture: 9%, industry: 26%, services: 65%
Population Below Poverty Line : 53.80%
Literacy Rate : 94.30%
Infant Mortality Rate (per 1000) : 41.61 deaths
Life Expectancy : 55.3 years