Borvor Finance 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:
Borvor Finance is a rural credit institution established in 1998, mainly operating in the Battambang and Banteay Meanchey provinces of Cambodia. Borvor provides affordable financial services to low-income families, especially women and smallholder farmers in rural Cambodia, to increase their income and improve their standard of living.
In addition to offering credit, Borvor provides complimentary financial literacy training and credit life insurance. Through this comprehensive approach, the organization contributes to poverty alleviation and stimulates local economic development.
A unique lending approach:
Borvor utilizes Kiva funding to offer affordable loan products primarily to female entrepreneurs and farmers in rural Cambodia. These loans facilitate income generation and stimulate local economic development.
Repayment Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Start Date On Kiva | Oct 7, 2024 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $45,850 | $2,061,903,305 | |
| Amount of raised Inactive loans | $0 | $352,250 | |
| Number of raised Inactive loans | 0 | 281 | |
| Amount of Paying Back Loans | $45,850 | $151,797,905 | |
| Number of Paying Back Loans | 21 | 180,904 | |
| Amount of Ended Loans | $0 | $1,864,459,045 | |
| Number of Ended Loans | 0 | 2,517,152 | |
| Delinquency Rate | 0.00% | 11.55% | |
| Amount in Arrears | $0 | $10,581,884 | |
| Outstanding Portfolio | $17,190 | $91,634,086 | |
| Number of Loans Delinquent | 0 | 34,376 | |
| Default Rate | 0.00% | 1.83% | |
| Amount of Ended Loans Defaulted | $0 | $34,072,925 | |
| Number of Ended Loans Defaulted | 0 | 91,307 | |
| Currency Exchange Loss Rate | 0.00% | 0.47% | |
| Amount of Currency Exchange Loss | $0 | $12,915,654 | |
| Refund Rate | 0.00% | 0.55% | |
| Amount of Refunded Loans | $0 | $11,263,070 | |
| Number of Refunded Loans | 0 | 9,868 |
Loan Characteristics On Kiva
| This Lending Partner | All Kiva Partners | ||
| Loans to Women Borrowers | 62.07% | 78.52% | |
|---|---|---|---|
| Average Loan Size | $2,183 | $393 | |
| Average Individual Loan Size | $2,183 | $585 | |
| Average Group Loan Size | $0 | $1,914 | |
| Average number of borrowers per group | 0 | 8.3 | |
| Average GDP per capita (PPP) in local country | $2,600 | $5,593 | |
| Average Loan Size / GDP per capita (PPP) | 83.97% | 7.03% | |
| Average Time to Fund a Loan | 5.56 days | 9.14 days | |
| Average Dollars Raised Per Day Per Loan | $392.58 | $43.02 | |
| Average Loan Term | 30.07 months | 11.5 months |
Journaling Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Total Journals | 0 | 1,229,646 | |
|---|---|---|---|
| Journaling Rate | 0.00% | 41.94% | |
| 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 | 27.12% PY | |
|---|---|---|---|---|
| Profitability (return on assets) | 0.11% | N/A | -1.71% | |
| Average Loan Size (% of per capita income) | N/A | N/A | 0.00% |
Country Fast Facts
- Country:
- Cambodia
- Capital:
- Phnom Penh
- Official Language:
- Khmer
- Population:
- 15,458,332
- Avg Annual Income:
- $2,600
- Labor Force:
- agriculture: 55.8%, industry: 16.9%, services: 27.3%
- Population Below Poverty Line:
- 20.00%
- Literacy Rate:
- 73.90%
- Infant Mortality Rate (per 1000):
- 51.36 deaths
- Life Expectancy:
- 63.78 years
Lending Partner Staff
Ny NgetChantra Roeurn
Meas Thon