CLECAM EJOHEZA Plc
Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.
Partner Description:
Clecam Ejoheza Plc was founded as a cooperative in 2007 by rural farmers based in southern part of Rwanda. They have since transformed into a privately owned microfinance while still maintaining the spirit of member participation. The organization provides financial and non-financial services to it's members who largely operate across various agricultural value chains.
A unique lending approach:
Kiva loans will be used to scale up their lending in the agriculture sector through the group and individual lending model. This will further advance their rural financial inclusion goals with a special focus on women and youth.
Repayment Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Start Date On Kiva | Oct 2, 2024 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $25,375 | $2,075,900,235 | |
| Amount of raised Inactive loans | $0 | $653,475 | |
| Number of raised Inactive loans | 0 | 166 | |
| Amount of Paying Back Loans | $25,375 | $153,255,810 | |
| Number of Paying Back Loans | 32 | 184,782 | |
| Amount of Ended Loans | $0 | $1,874,941,585 | |
| Number of Ended Loans | 0 | 2,531,911 | |
| Delinquency Rate | 0.00% | 11.91% | |
| Amount in Arrears | $0 | $11,179,080 | |
| Outstanding Portfolio | $16,583 | $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 | 0.04% | 0.47% | |
| Amount of Currency Exchange Loss | $11 | $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 | 56.41% | 78.54% | |
|---|---|---|---|
| Average Loan Size | $793 | $393 | |
| Average Individual Loan Size | $793 | $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 | $1,700 | $5,593 | |
| Average Loan Size / GDP per capita (PPP) | 46.65% | 7.03% | |
| Average Time to Fund a Loan | 5.04 days | 9.16 days | |
| Average Dollars Raised Per Day Per Loan | $157.35 | $42.95 | |
| Average Loan Term | 20.62 months | 11.5 months |
Journaling Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Total Journals | 0 | 1,235,509 | |
|---|---|---|---|
| Journaling Rate | 0.00% | 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 | N/A | 27.16% PY | |
|---|---|---|---|---|
| Profitability (return on assets) | 5.34% | N/A | -1.90% | |
| Average Loan Size (% of per capita income) | N/A | N/A | 0.00% |
Country Fast Facts
- Country:
- Rwanda
- Capital:
- Kigali
- Official Language:
- Kinyarwanda only (official) 93.2%, Kinyarwanda and other language(s) 6.2%, French (official) and other language(s) 0.1%, English (official) and other language(s) 0.1%, Swahili 0.02%, other 0.03%, unspecified 0.3%
- Population:
- 12,337,138
- Avg Annual Income:
- $1,700
- Labor Force:
- agriculture: 90%, industry and services: 10%
- Population Below Poverty Line:
- 44.90%
- Literacy Rate:
- 70.50%
- Infant Mortality Rate (per 1000):
- 59.59 deaths
- Life Expectancy:
- N/A years
Lending Partner Staff
Merchias DUSABUMUREMYIIgnace HAVUGIYAREMYE
Josephine NIKUZE
Diane NIYIGENA