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


Partner description:

Jibu (meaning “solution” in Swahili) is a social enterprise tackling the drinking water and unemployment crises by training local workers to be successful social entrepreneurs. The entrepreneurs, about half of whom are young women, are quickly expanding a network of locally-owned drinking water franchises in Uganda, Rwanda and Kenya. Each one provides affordable, safe and clean water to their underserved communities.

Jibu entrepreneurs are able to offer affordable, clean drinking water by setting up filtration systems tailored to each community, based on available water sources. Customers pay a bottle deposit and then exchange an empty bottle for a new, full bottle, avoiding any middleman markups.

 

A unique lending approach:

Jibu uses Kiva financing to provide credit to entrepreneurs to launch a franchise, or purchase water bottle inventory and delivery vehicles once established, allowing franchisees to quickly scale up their businesses. Loans are repaid from profits on bottle sales.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Jan 11, 2017 Oct 12, 2005
Total Loans $3,230,225 $2,041,772,805
Amount of raised Inactive loans $0 $341,950
Number of raised Inactive loans 0 183
Amount of Paying Back Loans $1,603,225 $157,414,680
Number of Paying Back Loans 105 189,201
Amount of Ended Loans $1,627,000 $1,843,227,680
Number of Ended Loans 236 2,482,067
Delinquency Rate 2.85% 12.76%
Amount in Arrears $26,496 $12,298,729
Outstanding Portfolio $824,621 $96,360,846
Number of Loans Delinquent 25 66,079
Default Rate 0.24% 1.82%
Amount of Ended Loans Defaulted $3,930 $33,582,045
Number of Ended Loans Defaulted 1 88,667
Currency Exchange Loss Rate 1.78% 0.47%
Amount of Currency Exchange Loss $57,689 $12,608,670
Refund Rate 2.08% 0.54%
Amount of Refunded Loans $67,100 $10,935,995
Number of Refunded Loans 3 9,668

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 38.75% 78.46%
Average Loan Size $9,585 $393
Average Individual Loan Size $9,585 $586
Average Group Loan Size $0 $1,910
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $1,800 $5,594
Average Loan Size / GDP per capita (PPP) 532.51% 7.02%
Average Time to Fund a Loan 7.71 days 9.11 days
Average Dollars Raised Per Day Per Loan $1,243.03 $43.12
  Average Loan Term 23.13 months 11.49 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 129 1,215,877
  Journaling Rate 46.72% 41.90%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.56

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 31.00% PY 26.44% PY
  Profitability (return on assets) -10.83% -3.2% -1.32%
  Average Loan Size (% of per capita income) N/A 81.00% 0.00%

Country Fast Facts

Lending Partner Staff

Leticia Arhin
Emmanuel Kabera
Moses Kebaso
Isaac Kyuka
Auxillia Msariri
Maurice Mugerwa
Kennedy Mutua
Tosca Terra
Susan Wamae