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:

Aldea Global is a nonprofit association of smallholder farmers based in the region of Jinotega, Nicaragua. Aldea Global is the sixth largest green coffee exporter and the second largest small farmer association in Nicaragua. They process, market and sell member coffee and produce, working with 1,800 growers and exporting under various certifications including FairTrade, Small Producers Symbol, RainForest Alliance, Tierra Madre (women-produced coffee) and direct trade (single estate coffee). Coffee sales account for nearly 90% of their total revenue.


A unique lending approach:

Aldea Global uses Kiva financing to offer group loans to more growers, in particular women's solidarity groups, known as Grupos de Desarrollo Empresarial con Mujeres. Groups consist of 3 to 8 women and loans are grouped into 3 sectors: agriculture, small business, and water and sanitation.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 27, 2016 Oct 12, 2005
Total Loans $41,300 $939,391,750
Amount of raised Inactive loans $0 $523,475
Number of raised Inactive loans 0 519
Amount of Paying Back Loans $41,300 $144,680,000
Number of Paying Back Loans 37 177,234
Amount of Ended Loans $0 $794,188,275
Number of Ended Loans 0 994,961
Delinquency Rate 0.00% 7.81%
Amount in Arrears $0 $7,430,834
Outstanding Portfolio $40,093 $95,114,087
Number of Loans Delinquent 0 19,254
Default Rate 0.00% 1.40%
Amount of Ended Loans Defaulted $0 $11,137,575
Number of Ended Loans Defaulted 0 31,507
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $0 $4,278,396
Refund Rate 0.00% 0.63%
Amount of Refunded Loans $0 $5,887,300
Number of Refunded Loans 0 5,924

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 71.05% 75.19%
Average Loan Size $313 $401
Average Individual Loan Size $0 $634
Average Group Loan Size $1,116 $1,772
Average number of borrowers per group 3.6 7.8
Average GDP per capita (PPP) in local country $4,800 $5,896
Average Loan Size / GDP per capita (PPP) 6.52% 6.80%
Average Time to Fund a Loan 4.75 days 6.93 days
Average Dollars Raised Per Day Per Loan $65.93 $57.88
  Average Loan Term 7.45 months 11.1 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 488,756
  Journaling Rate 0.00% 41.62%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.19

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 27.00% PY 25.92% PY
  Profitability (return on assets) -1.6% 0.9% -0.29%
  Average Loan Size (% of per capita income) N/A 40.00% 17.68%

Country Fast Facts

Field Partner Staff

Diédericks Gadea
Juan Francisco Guardado Jarquín
Julia Jessenia Herrera Chavarría