Togo > Microfund Togo

About the Field Partner

Microfund Togo administers this loan. Learn more

Field Partner:

Microfund Togo

Field Partner Risk Rating:

(Learn more)

Time on Kiva:

39 months

Kiva Entrepreneurs:

2475

Total Loans:

$2,133,450

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	13%
Profitability (Return on Assets):	1%
Average Loan Size (% of Per Capita Income):	127%

Delinquency Rate:

0.00%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

See all loans from this field partner >>

Kiva Fundraising Status

Fundraising Status	Active
See all fundraising loans from this field partner >>

Other Information Sources

MIX Profile	View MIX Profile
Network Affiliation	MAIN
Social Performance Reporting Level	N/A
Consumer Protection Principles	N/A
Field Partner Website	None
Email Contact	None

The mission of MICROFUND is to provide financial and technical assistance to the economically active poor in rural, peri-urban and urban environments, who are unable to access the formal financial sector (most notably banks), by offering them high-quality financial services through autonomous and local cooperative structures.

MICROFUND is a microfinance institution created on March 21, 1998 with the aim of facilitating credit operations and savings mobilization. Its principal challenges are to combat poverty in Togo, to increase the revenues of marginalized populations in cities and the country, and to research financial partners to provide institutional support and loan funds.

For more information, visit their website coming soon:

http://www.microfundtg.org/

Microfund Togo can be reached via email at microfund99@hotmail.com

Repayment Performance on Kiva

		This Field Partner	All Kiva Partners
	Start Date On Kiva	Nov 6, 2006	Oct 12, 2005
	Total Loans	$2,133,450	$118,121,935
	Amount of Raised Inactive Loans	$1,200	$147,475
	Number Of Raised Inactive Loans	1	212
	Amount of Paying Back Loans	$909,200	$50,404,975
	Number Of Paying Back Loans	937	68,278
	Amount of Ended Loans	$1,223,050	$67,569,485
	Number Of Ended Loans	1,530	99,368
	Delinquency Rate	0.00%	4.10%
	Amount of Paying Back Loans Delinquent	$0	$2,067,573
	Amount of Paying Back Loans	$909,200	$50,404,975
	Number of Paying Back Loans Delinquent	0	7,071
	Default Rate	0.00%	1.73%
	Amount of Ended Loans Defaulted	$0	$1,170,399
	Amount of Ended Loans	$1,223,050	$67,569,485
	Number Of Ended Loans Defaulted	0	3,524
	Currency Exchange Loss Rate	0.00%	0.00%
	Amount of Currency Exchange Loss	$0	$0
	Refund Rate	0.16%	1.05%
	Amount of Refunded Loans	$3,375	$1,240,850
	Number Of Refunded Loans	3	1,583
Updated as of February 9, 2010 12:47 AM

Loan Characteristics On Kiva

		This Field Partner	All Kiva Partners
	Loans to Women Entrepreneurs	70.37%	78.07%
	Average Loan Size	$863	$401
	Average Individual Loan Size	$864	$595
	Average Group Loan Size	$1,200	$1,545
	Average Number Of Entrepreneurs Per Group	3	0
	Average GDP Per Capita (PPP) in Local Country	$1,700	$3,429
	Average Loan Size / GDP Per Capita (PPP)	50.84%	11.69%
	Average Time To Fund A Loan	1.44 days	2.45 days
	Average Dollars Raised Per Day Per Loan	$599.56	$163.61
	Average Loan Term	14.42 months	9.27 months
Updated as of February 9, 2010 12:47 AM

Journaling Performance on Kiva

		This Field Partner	All Kiva Partners
	Total Journals	228	60331
	Journal Coverage	8.26%	29.53%
	Journal Coverage, Kiva Fellows	0.00%	0.19%
	Journal Frequency (Average Per Loan Per Year)	0.05	0.31
	Average Number Of Recommendations Per Journal	2.72	8.88
Updated as of February 9, 2010 12:47 AM

Borrowing Cost Comparison

	This Field Partner	Median for MFI Peers in Country	All Kiva Partners
Average Interest Rate and Fees Borrowers Pay (Portfolio Yield)	13%	17%	35.22%
Average Partner Return On Assets (Average Profitability)	1%	2%	-0.47%
Average Loan Size (% of Per Capita Income)	127%	4%	43.94%