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. 

    Repayment Performance on Kiva

        This Lending Partner All Kiva Partners
      Start Date On Kiva Dec 15, 2016 Oct 12, 2005
    Total Loans $25,000 $2,075,900,235
    Amount of raised Inactive loans $0 $653,475
    Number of raised Inactive loans 0 166
    Amount of Paying Back Loans $0 $153,255,810
    Number of Paying Back Loans 0 184,782
    Amount of Ended Loans $25,000 $1,874,941,585
    Number of Ended Loans 1 2,531,911
    Delinquency Rate 0.00% 11.91%
    Amount in Arrears $0 $11,179,080
    Outstanding Portfolio $0 $93,887,305
    Number of Loans Delinquent 0 37,893
    Default Rate 0.00% 1.82%
    Amount of Ended Loans Defaulted $0 $34,177,858
    Number of Ended Loans Defaulted 0 91,631
    Currency Exchange Loss Rate 0.00% 0.47%
    Amount of Currency Exchange Loss $0 $13,051,174
    Refund Rate 0.00% 0.54%
    Amount of Refunded Loans $0 $11,276,585
    Number of Refunded Loans 0 9,875

    Loan Characteristics On Kiva

        This Lending Partner All Kiva Partners
      Loans to Women Borrowers 100.00% 78.54%
    Average Loan Size $25,000 $393
    Average Individual Loan Size $25,000 $585
    Average Group Loan Size $0 $1,915
    Average number of borrowers per group 0 8.3
    Average GDP per capita (PPP) in local country $7,000 $5,593
    Average Loan Size / GDP per capita (PPP) 357.14% 7.03%
    Average Time to Fund a Loan 33.65 days 9.16 days
    Average Dollars Raised Per Day Per Loan $742.93 $42.95
      Average Loan Term 13 months 11.5 months

    Journaling Performance on Kiva

        This Lending Partner All Kiva Partners
      Total Journals 11 1,235,509
      Journaling Rate 100.00% 41.86%
      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 2009 data)

        This Lending Partner Median for MFI's in Country All Kiva Partners
      Average Cost to Borrower N/A 46.00% PY 27.16% PY
      Profitability (return on assets) N/A 4.8% -1.90%
      Average Loan Size (% of per capita income) N/A 8.00% 0.00%

    Country Fast Facts

    Country:
    Philippines
    Capital:
    Manila
    Official Language:
    Filipino (official) and English (official); eight major dialects - Tagalog, Cebuano, Ilocano, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinan
    Population:
    107,668,231
    Avg Annual Income:
    $7,000
    Labor Force:
    agriculture: 32%, industry: 15%, services: 53%
    Population Below Poverty Line:
    25.20%
    Literacy Rate:
    96.30%
    Infant Mortality Rate (per 1000):
    17.64 deaths
    Life Expectancy:
    N/A years

    Lending Partner Staff