Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.
Status Update - January 8, 2015

In late 2013 and early 2014, South Sudan experienced political instability that affected the operations of Kiva partner Finance South Sudan. The country is slowly recovering and Finance South Sudan has resumed operations and is working through a recovery and rebuilding period. A large social investor has made a significant financial commitment to the organization and is working with Finance South Sudan to develop an institutional recovery plan and focusing on maintaining sufficient liquidity to support the business during the rebuilding period.

Kiva has agreed to allow a one year grace period for Finance South Sudan during the duration of the institutional recovery plan, and agreed to a restructured repayment plan in which the remaining balance of $39,371 is repaid following the grace period. Finance South Sudan will not be funding loans on the Kiva platform until this balance has been fully repaid

Partner Description:

Finance Sudan Limited is a microfinance institution operating in South Sudan. Established in 2006 by the American Refugee Committee, it was incorporated in 2009 after Micro Africa Ltd. -- another Kenyan MFI -- decided to partner with ARC to provide microfinance services to the people of South Sudan. To keep the company growing sustainably, ARC sold off its stake in 2011, paving the way for the creation of Finance Sudan Limited as an independent entity.

The mission of Finance Sudan Limited is to contribute to the economic rebuilding and stabilization of South Sudan by providing quality financial services to low-income borrowers through sustainable microfinance with a national scope. The targeted group is comprised of small-scale traders, produce dealers and salaried workers.

Finance Sudan Limited currently has 7 branches (Corporate, Munuki, Wau, Malakal, Yambio, Yei and Nimule), which are spread throughout 5 states (Central Equatorial, Eastern Equatorial, Western Equatorial, Western Bahr el Ghazel and Upper Nile) out of the country’s 10 states.

The institution primarily offers three loan products:

1. Group loans (FSSL Group Loan & Nuswan/Women Development Loans) that are administered through the group guarantee system.

2. SME loans offered to small and medium-scale businesses with formal collateral.

3. Salary loans offered to employees at reputable organizations operating in South Sudan. 

Finance Sudan Limited intends to become a formal deposit-taking institution and begin offering both savings and money transfer services.

A note about Finance South Sudan Limited's portfolio yield:

We care deeply about the cost that Kiva borrowers pay for their loans, which is why fair pricing is a core part of our initial due diligence process for Field Partners. With Kiva's 0% capital, many of our Field Partners are also able to add additional value to their loans by reducing interest rates, offering non-financial services or creating new loan products.


For partners with reported portfolio yields or average APRs higher than 50%, Kiva takes steps to check that the high rates are justified by the impact of the loans. Kiva also verifies that the partner is not generating unreasonable profits or paying inflated salaries, and that the partner’s elevated operating costs are justified by its operating environment and/or the design of its loan products.


We seek to support loans that don’t impose an unjustifiable cost burden on hard-working borrowers. We nevertheless recognize that in order to reach vulnerable and excluded people with high-impact products and services, some of our partners incur high costs that necessitate charging higher-than-average costs to borrowers in order to allow for sustainability and scale.


Factors that drive up the costs that this partner organization charges its borrowers include:

  • They operate in South Sudan, which is classified as a fragile situation by the U.N. This can greatly increase the cost of safely delivering financial services to borrowers.

  • They operate in a market with high inflation, which means that the rates you see on Kiva are overstated, since loans are given in local currency, which lost value much more quickly than the U.S. dollar.

  • They’re based in an area with a high cost of living and doing business. This is oftendue to the high demand and low supply of adequate housing and goods.

  • This partner is working in a country where doing business is difficult and costly due to regulatory, procedural and governance issues.

  • They work in areas with very poor infrastructure, such as limited roads. This increases the costs of finding clients and maintaining branch offices.

  • They pay high interest rates on the loans they take from banks and other funders, given the market in which they operate. This means they need more support from innovative sources like Kiva to reduce costs and pass savings on to borrowers.

  • They operate in an area with a limited or poorly functioning banking system. This makes it difficult to access funding locally, and makes it more challenging to send and receive payments on loans from outside the country.

  • They work extensively in rural areas, which requires their employees to engage in costly travel to find and serve their clients.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Oct 26, 2011 Oct 12, 2005
Total Loans $476,575 $720,705,200
Amount of raised Inactive loans $0 $513,950
Number of raised Inactive loans 0 352
Amount of Paying Back Loans $85,250 $133,013,825
Number of Paying Back Loans 118 152,720
Amount of Ended Loans $391,325 $587,177,425
Number of Ended Loans 556 728,047
Delinquency Rate 100.00% 7.25%
Amount in Arrears $39,539 $6,246,136
Outstanding Portfolio $39,539 $86,144,297
Number of Loans Delinquent 118 20,682
Default Rate 5.47% 1.16%
Amount of Ended Loans Defaulted $21,421 $6,837,380
Amount of Ended Loans $391,325 $587,177,425
Number of Ended Loans Defaulted 53 19,782
Currency Exchange Loss Rate 4.48% 0.27%
Amount of Currency Exchange Loss $21,362 $1,945,073
Refund Rate 0.56% 0.68%
Amount of Refunded Loans $2,675 $4,898,125
Number of Refunded Loans 3 5,415

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 52.64% 74.40%
Average Loan Size $708 $416
Average Individual Loan Size $708 $653
Average Group Loan Size $0 $1,849
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $2,000 $5,938
Average Loan Size / GDP per capita (PPP) 35.40% 7.01%
Average Time to Fund a Loan 1.8 days 6.37 days
Average Dollars Raised Per Day Per Loan $393.24 $65.31
  Average Loan Term 6.01 months 10.77 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 145 354,026
  Journaling Rate 20.92% 41.33%
  Average Number of Comments Per Journal 0.00 0.07
  Average Number of Recommendations Per Journal 0.01 1.57

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 63% PY 39.00% PY 31.97% PY
  Profitability (return on assets) -6% 8.4% -1.93%
  Average Loan Size (% of per capita income) 28.80% 47.00% 19.57%

Country Fast Facts

Field Partner Staff

Betty Abalo
Festo Amunda Abraham
George Kiwuuwa
Pantaleon Lutta
Felix Ndegwa
Beth Nyaga
Robert Oketi