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.
N/A, direct to Vitalite Zambia's Mission Statement
To improve lives by making quality products, services, and renewable energy accessible for all underserved households in Zambia.
Repayment Performance on Kiva
This Lending Partner
All Kiva Partners
Start Date On Kiva
Nov 17, 2016
Oct 12, 2005
Total Loans
$350,000
$1,958,960,270
Amount of raised Inactive loans
$0
$198,810
Number of raised Inactive loans
0
174
Amount of Paying Back Loans
$200,000
$161,515,145
Number of Paying Back Loans
1
189,106
Amount of Ended Loans
$150,000
$1,768,242,580
Number of Ended Loans
2
2,370,068
Delinquency Rate
79.04%
12.15%
Amount in Arrears
$132,000
$12,196,492
Outstanding Portfolio
$163,916
$100,379,645
Number of Loans Delinquent
1
72,762
Default Rate
0.00%
1.83%
Amount of Ended Loans Defaulted
$0
$32,307,398
Number of Ended Loans Defaulted
0
84,791
Currency Exchange Loss Rate
0.00%
0.50%
Amount of Currency Exchange Loss
$0
$11,998,745
Refund Rate
0.00%
0.54%
Amount of Refunded Loans
$0
$10,526,300
Number of Refunded Loans
0
9,596
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)
Country Fast Facts
Country : Zambia
Capital : Lusaka
Official Language : Bembe 33.4%, Nyanja 14.7%, Tonga 11.4%, Lozi 5.5%, Chewa 4.5%, Nsenga 2.9%, Tumbuka 2.5%, Lunda 1.9%, Kaonde 1.8%, Lala 1.8%, Lamba 1.8%, English (official) 1.7%, Luvale 1.5%, Mambwe 1.3%, Namwanga 1.2%, Lenje 1.1%, Bisa 1%, other 9.2%, unspecified 0.4%
Population : 14,638,505
Avg Annual Income : $4,100
Labor Force : agriculture: 85%, industry: 6%, services: 9%
Population Below Poverty Line : 60.50%
Literacy Rate : 63.40%
Infant Mortality Rate (per 1000) : 66.62 deaths
Life Expectancy : 55.83 years