Fighting for a better future? We need your help.

Creating a more equitable world takes a lot of time and energy, but at Kiva we’re in it for the long haul. 100% of money lent on Kiva goes to funding loans. That means we rely on donations from people like you to make this work possible. For a limited time, if you donate $35 or more, a $25 bonus will be added to your account (you’ll get an email once it’s there).
Premal Shah, President & Co-Founder, Kiva
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SEED, founded in 2004, is a young microfinance organization in the Philippines that operates in the metro Manila area. 
 
In addition to loans, SEED provides saving services, business development classes and skills trainings. About 90% of SEED’s active borrowers are underprivileged poor living in depressed, urban areas. 
 
A unique lending approach:
 
Fundraising on Kiva will allow SEED expand to new areas and to scale new loan products. In addition to their traditional business loans, SEED will work to scale its 0% interest start-up loans, which include intensive business training for new entrepreneurs, and several other innovative loan products. 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 10, 2014 Oct 12, 2005
Total Loans $328,800 $961,155,050
Amount of raised Inactive loans $0 $542,525
Number of raised Inactive loans 0 264
Amount of Paying Back Loans $39,600 $144,022,675
Number of Paying Back Loans 115 178,942
Amount of Ended Loans $289,200 $816,589,850
Number of Ended Loans 430 1,025,481
Delinquency Rate 0.00% 8.18%
Amount in Arrears $0 $7,694,837
Outstanding Portfolio $22,433 $94,073,118
Number of Loans Delinquent 0 19,665
Default Rate 0.14% 1.40%
Amount of Ended Loans Defaulted $408 $11,449,953
Number of Ended Loans Defaulted 1 32,888
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $0 $4,395,675
Refund Rate 0.00% 0.62%
Amount of Refunded Loans $0 $5,946,325
Number of Refunded Loans 0 5,964

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 92.77% 75.32%
Average Loan Size $603 $399
Average Individual Loan Size $603 $631
Average Group Loan Size $0 $1,759
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $7,000 $5,882
Average Loan Size / GDP per capita (PPP) 8.62% 6.79%
Average Time to Fund a Loan 2.28 days 6.92 days
Average Dollars Raised Per Day Per Loan $264.97 $57.69
  Average Loan Term 5.21 months 11.11 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 194 500,450
  Journaling Rate 42.37% 41.44%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.17

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 50% PY 46.00% PY 26.14% PY
  Profitability (return on assets) N/A 4.8% -1.25%
  Average Loan Size (% of per capita income) N/A 8.00% 16.85%

Country Fast Facts

Field Partner Staff

Marian Abelija
Dada Aytin