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 $9,875 $2,046,857,240
Amount of raised Inactive loans $0 $329,125
Number of raised Inactive loans 0 224
Amount of Paying Back Loans $9,875 $154,628,025
Number of Paying Back Loans 11 186,271
Amount of Ended Loans $0 $1,851,013,910
Number of Ended Loans 0 2,491,542
Delinquency Rate 0.00% 12.11%
Amount in Arrears $0 $11,277,316
Outstanding Portfolio $238 $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

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 76.92% 78.48%
Average Loan Size $898 $393
Average Individual Loan Size $898 $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 $1,700 $5,593
Average Loan Size / GDP per capita (PPP) 52.81% 7.02%
Average Time to Fund a Loan 2.21 days 9.12 days
Average Dollars Raised Per Day Per Loan $405.72 $43.09
  Average Loan Term 21.23 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,221,186
  Journaling Rate 0.00% 41.91%
  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 26.44% PY
  Profitability (return on assets) 5.34% N/A -1.28%
  Average Loan Size (% of per capita income) N/A N/A 0.00%

Country Fast Facts

Lending Partner Staff

Merchias DUSABUMUREMYI
Ignace HAVUGIYAREMYE
Josephine NIKUZE
Diane NIYIGENA