There is no Lending Partner for this loan. It is part of the Kiva Labs Social Enterprise program. For more details on LSE, 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 Aug 1, 2018 Oct 12, 2005
Total Loans $250,000 $2,071,741,575
Amount of raised Inactive loans $0 $347,200
Number of raised Inactive loans 0 173
Amount of Paying Back Loans $0 $150,770,925
Number of Paying Back Loans 0 180,713
Amount of Ended Loans $250,000 $1,873,574,085
Number of Ended Loans 2 2,530,735
Delinquency Rate 0.00% 12.41%
Amount in Arrears $0 $11,298,771
Outstanding Portfolio $0 $91,017,707
Number of Loans Delinquent 0 38,318
Default Rate 0.00% 1.82%
Amount of Ended Loans Defaulted $0 $34,166,393
Number of Ended Loans Defaulted 0 91,576
Currency Exchange Loss Rate 0.00% 0.47%
Amount of Currency Exchange Loss $0 $13,050,614
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $11,275,860
Number of Refunded Loans 0 9,874

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 50.00% 78.53%
Average Loan Size $125,000 $393
Average Individual Loan Size $125,000 $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 $3,500 $5,593
Average Loan Size / GDP per capita (PPP) 3,571.43% 7.03%
Average Time to Fund a Loan 21.67 days 9.16 days
Average Dollars Raised Per Day Per Loan $5,767.53 $42.97
  Average Loan Term 15.5 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 4 1,234,471
  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 53.00% PY 27.16% PY
  Profitability (return on assets) -114.1% 0.3% -1.76%
  Average Loan Size (% of per capita income) N/A 13.00% 0.00%

Country Fast Facts

Country:
Ghana
Capital:
Accra
Official Language:
Asante 14.8%, Ewe 12.7%, Fante 9.9%, Boron (Brong) 4.6%, Dagomba 4.3%, Dangme 4.3%, Dagarte (Dagaba) 3.7%, Akyem 3.4%, Ga 3.4%, Akuapem 2.9%
Population:
25,758,108
Avg Annual Income:
$3,500
Labor Force:
agriculture: 56%, industry: 15%, services: 29%
Population Below Poverty Line:
28.50%
Literacy Rate:
71.50%
Infant Mortality Rate (per 1000):
38.52 deaths
Life Expectancy:
65.75 years

Lending Partner Staff

Simon Ulvund