Jibu Tanzania
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) Tanzania is a social enterprise tackling the drinking water and unemployment crises by training local workers to be successful social entrepreneurs. The entrepreneurs are quickly expanding a network of locally-owned drinking water franchises in Tanzania. 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 Tanzania uses Kiva financing to provide credit to purchase water bottle inventory and delivery vehicles, 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 | Dec 24, 2021 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $347,900 | $2,017,905,110 | |
| Amount of raised Inactive loans | $0 | $357,275 | |
| Number of raised Inactive loans | 0 | 176 | |
| Amount of Paying Back Loans | $288,900 | $157,974,050 | |
| Number of Paying Back Loans | 72 | 190,165 | |
| Amount of Ended Loans | $59,000 | $1,822,317,985 | |
| Number of Ended Loans | 20 | 2,448,909 | |
| Delinquency Rate | 58.27% | 12.69% | |
| Amount in Arrears | $96,454 | $12,319,588 | |
| Outstanding Portfolio | $154,480 | $97,105,837 | |
| Number of Loans Delinquent | 72 | 71,382 | |
| Default Rate | 0.00% | 1.83% | |
| Amount of Ended Loans Defaulted | $0 | $33,320,922 | |
| Number of Ended Loans Defaulted | 0 | 87,367 | |
| Currency Exchange Loss Rate | 1.66% | 0.48% | |
| Amount of Currency Exchange Loss | $5,794 | $12,416,364 | |
| Refund Rate | 0.00% | 0.54% | |
| Amount of Refunded Loans | $0 | $10,929,050 | |
| Number of Refunded Loans | 0 | 9,661 |
Loan Characteristics On Kiva
| This Lending Partner | All Kiva Partners | ||
| Loans to Women Borrowers | 31.52% | 78.39% | |
|---|---|---|---|
| Average Loan Size | $3,782 | $392 | |
| Average Individual Loan Size | $3,782 | $586 | |
| Average Group Loan Size | $0 | $1,906 | |
| Average number of borrowers per group | 0 | 8.3 | |
| Average GDP per capita (PPP) in local country | $1,900 | $5,594 | |
| Average Loan Size / GDP per capita (PPP) | 199.03% | 7.01% | |
| Average Time to Fund a Loan | 8.49 days | 9.06 days | |
| Average Dollars Raised Per Day Per Loan | $445.30 | $43.31 | |
| Average Loan Term | 20.04 months | 11.48 months |
Journaling Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Total Journals | 0 | 1,204,657 | |
|---|---|---|---|
| Journaling Rate | 0.00% | 41.97% | |
| 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 2009 data)
| This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
| Average Cost to Borrower | N/A | 21.00% PY | 26.44% PY | |
|---|---|---|---|---|
| Profitability (return on assets) | -87.84% | 0.2% | -1.28% | |
| Average Loan Size (% of per capita income) | N/A | 134.00% | 0.00% |
Country Fast Facts
- Country:
- Tanzania
- Capital:
- Dodoma
- Official Language:
- Kiswahili (official), Kiunguja, English (official), Arabic, many local languages
- Population:
- 49,639,138
- Avg Annual Income:
- $1,900
- Labor Force:
- agriculture: 80%, industry and services: 20%
- Population Below Poverty Line:
- 28.20%
- Literacy Rate:
- 70.60%
- Infant Mortality Rate (per 1000):
- 43.47 deaths
- Life Expectancy:
- 60.07 years
Lending Partner Staff
Hussein KassamaliTayeb Noorbhai
Radha Sandraine