Status Update - January 22, 2013

BRAC South Sudan has discontinued its lending operations and is officially no longer a Kiva Field Partner. The organization paid off its outstanding balance to Kiva in November 2011, and all of its loans have ended. We'd like to thank BRAC South Sudan for being our first partner in the country, and for its reliability and transparency.


Partner Description:

In pursuance of the principle of south-south partnership, BRAC was registered as an NGO in southern Sudan in November 2006 and begun development activities from January 2007. The organization has already started Microfinance, IGVGDP (Income Generation for Vulnerable Group Development Program) and Health programs in the country.
Microfinance:

BRAC Southern Sudan microfinance is in its nascent stage with a network of six branches in the Juba area. However, it has already mobilized 4,000 poor women into 220 groups and disbursed loans to over 3,000 women borrowers with a cumulative disbursement close to $0.8 million. The initial experiences in Southern Sudan suggest that microfinance opportunities and needs are substantial. Microfinance can play a powerful role in building sustainable peace and stability in Southern Sudan by supporting self-employment in the informal economy which supports the majority of the poor.

Program objectives

The overall objective of the program is to significantly contribute to the reduction of poverty, create employment opportunities and enhance the rural incomes of the rural poor.

The immediate objectives are to increase access to credit for poor households, and to strengthen the institutional structures at all levels for an efficient and effective management of the credit system.

BRAC Southern Sudan currently operates a network of 6 branches of microfinance in and around Juba and, by December 2007, the program had the below performance:

No. of Branch offices: 6
No of Groups formed: 221
Savings: US $81,806
Loan Disbursement: US$810,100
No of borrowers: 3,455
Repayment: US $417,972
Loans outstanding: US $554,148
The recovery rate is 100%

The Microfinance Program targets the poor, particularly women, and the program is due to expand to other states of southern Sudan in 2008.

BRAC Southern Sudan Health Program

The prime objective of BRAC Health program in southern Sudan is to reduce the mortality and morbidity rates under-5 year children and woman of child bearing age. The program also emphasizes prevention from death from some communicable diseases like Malaria, TB, HIV/AIDS and provides technical support to the community for access to safe drinking water and to ensure clean, disease free hygienic environment.

Immunisation against eight lethal, but preventable, diseases for infants and tetanus for woman of reproductive period is another field where BRAC Health Program intends to provide its relentless efforts in the form of motivating and mobilizing the society. The program will raise consciousness among people against the hazards of population explosion through counseling about family planning measures, embracing of family planning methods and referral to Government and clinic facilities for surgical sterilization.

In view of the above, BRAC Health Program in southern Sudan, has recruited necessary staff for existing six branch offices in and around Juba.

Income Generation for Vulnerable Group Development Program (IGVGDP)

This project intends to target households headed by widows and are taking care of children/ Orphans.

There are no statistics on the number of widows in southern Sudan but it is worth noting that, due to civil war, there are huge numbers of widows in Southern Sudan with most of them coming to settle down in and around Juba to find a living. They lack skills in income earning activities, confidence, capital and opportunities to get access to financial institutions for borrowing. These widows face tremendous pressures in maintaining families and the children with no daily meals and limited access to schools and health care. Moreover, it is not possible for them to get access to land for cultivation due to the scarcity of capital in and around Juba.

BRAC South Sudan will initially focus on 500 widows, identifying and organizing them, finding out their interests and prior experiences in income earning activities, providing them necessary trainings, supplying inputs, following up the progress of activities and providing them access to savings and credit facilities from BRAC micro finance program. BRAC Southern Sudan is partnering with CGAP and WFP to implement this program in Central Equatoria and will expand to other states if the program succeeds.

Program expansion in southern Sudan

BRAC started expanding micro finance program in Western Equatoria, Eastern Equatoria and Lakes states and plans to set up new branch offices in Warab, Jonglie and Upper Nile states within 2008. The organization also plans to implement a comprehensive education program to provide training on mathematics and science teaching to the government and non government primary and secondary school teachers, running non formal education program for out of school children (especially girls), pre primary education for the children of 5 to 6 years old before entering in to formal education, and adolescent development programs to equip adolescent girls with life skills knowledge and income earning skills.

BRAC Southern Sudan is to set up a training center in Juba which will provide capacity building services not only to BRAC staff but will serve other NGO’s and government. BRAC Southern Sudan is also designing programs on agriculture and live stock development.


Status Update - October 23, 2012

Responding to the sharp increase in delinquency and difficult business conditions in South Sudan, BRAC South Sudan is discontinuing its microfinance operations and will no longer be posting loans to Kiva. However, it will still provide health, food security and education programs in rural and poor communities.

This partner's recent decrease in posts has resulted in its high delinquency rate on Kiva. Additionally, due to the rapid devaluation of the Sudanese Pound, the system Kiva used to calculate delinquency was not fully representing this partner's delinquency rate. This system has now been changed and more accurately reflects BRAC South Sudan's rate on Kiva at 96.8%.


Status Update - September 11, 2011

As part of an ongoing effort to fully migrate risk ratings to our new and enhanced risk rating system, Kiva has conducted a re-assessment of the level of risk posed by this institution.

During this re-assessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff.

The information gathered during this process, together with the Kiva's new risk rating system and half-star support, has led us to revise BRAC South Sudan's risk rating from 3 to 2 stars. The analysts have found that BRAC South Sudan's risk variables, reviewed in the new risk rating model, were most representative of a 2-Star rating.

We have prepared a blog post with more information on Kiva's new and enhanced risk rating system, along with a chart showing the relative magnitude of the overall changes for Kiva's portfolio.  To view that, please go here.

BRAC South Sudan has been informed of our analysts’ findings and their corresponding change in rating.




Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 1, 2008 Oct 12, 2005
Total Loans $1,736,250 $590,587,600
Amount of raised Inactive loans $0 $709,800
Number of raised Inactive loans 0 573
Amount of Paying Back Loans $0 $123,092,325
Number of Paying Back Loans 0 131,077
Amount of Ended Loans $1,736,250 $466,785,475
Number of Ended Loans 4,975 593,552
Delinquency Rate 0.00% 4.23%
Amount in Arrears $0 $3,465,940
Outstanding Portfolio $0 $81,929,648
Number of loanDelinquent 0 16,779
Default Rate 0.01% 1.15%
Amount of Ended Loans Defaulted $231 $5,349,645
Amount of Ended Loans $1,736,250 $466,785,475
Number of Ended Loans Defaulted 26 16,827
Currency Exchange Loss Rate 2.44% 0.09%
Amount of Currency Exchange Loss $42,371 $536,808
Refund Rate 0.11% 0.77%
Amount of Refunded Loans $1,900 $4,537,625
Number of Refunded Loans 7 5,064

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 99.96% 74.17%
Average Loan Size $320 $418
Average Individual Loan Size $329 $655
Average Group Loan Size $1,207 $1,828
Average number of borrowers per group 4.9 8
Average GDP per capita (PPP) in local country $1,400 $3,430
Average Loan Size / GDP per capita (PPP) 22.88% 12.19%
Average Time to Fund a Loan 0.86 days 5.59 days
Average Dollars Raised Per Day Per Loan $371.53 $74.76
  Average Loan Term 8.49 months 10.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 437 295,819
  Journaling Rate 8.62% 42.38%
  Average Number of Comments Per Journal 0.15 0.08
  Average Number of Recommendations Per Journal 5.41 1.87

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 39.00% PY 33.46% PY
  Profitability (return on assets) N/A 8.4% -1.39%
  Average Loan Size (% of per capita income) N/A 47.00% 41.11%

Country Fast Facts

Field Partner Staff

BRAC South Sudan