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:

ID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Ghana. With five branches throughout Accra, the organization has a loan portfolio of over USD$1 million and about 9,300 active clients, including about 6,200 borrowers.

ID Ghana offers two main types of loan products: individual loans for micro-entrepreneurs, and group loans that allow clients to borrow individually with no group liability. The latter is designed to extend capital to very poor individuals who lack collateral. In addition to loans, the organization offers clients voluntary health insurance and remunerated savings accounts, as well as services that facilitate savings. These options are tailored to the poor and very poor clients.

ID Ghana’s socially-oriented business model also provides clients with a number of non-financial services. These include financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence. 
Committed to transparency and client protection principles, ID Ghana has demonstrated its ability to operate self-sufficiently without increasing interest rates. Its partnership with Kiva will help strengthen its social mission by adding a new source of flexible, risk-tolerant capital.

You can learn more about ID Ghana and its programs on its Facebook page. Check in regularly for updates!


A Note on ID Ghana’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 hardworking 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 provide very small loans. This leads to higher operating costs, since providing each individual loan presents a minimum per-unit cost.
     • They provide most of their borrowers with uncollateralized loans. This means they take on a greater risk of loan loss if the borrower fails to repay.
     • They provide more than just cash to many of their borrowers, including costly wraparound services such as healthcare, financial or business training, agricultural extension services, insurance or access to education.
     • 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.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 11, 2012 Oct 12, 2005
Total Loans $1,884,375 $710,270,325
Amount of raised Inactive loans $0 $525,625
Number of raised Inactive loans 0 343
Amount of Paying Back Loans $308,500 $132,733,275
Number of Paying Back Loans 263 151,339
Amount of Ended Loans $1,575,875 $577,011,425
Number of Ended Loans 1,300 716,420
Delinquency Rate 0.00% 6.84%
Amount in Arrears $0 $5,926,950
Outstanding Portfolio $141,255 $86,596,699
Number of Loans Delinquent 0 19,341
Default Rate 0.10% 1.12%
Amount of Ended Loans Defaulted $1,647 $6,485,241
Amount of Ended Loans $1,575,875 $577,011,425
Number of Ended Loans Defaulted 31 19,256
Currency Exchange Loss Rate 3.53% 0.25%
Amount of Currency Exchange Loss $66,571 $1,755,454
Refund Rate 0.00% 0.68%
Amount of Refunded Loans $0 $4,859,375
Number of Refunded Loans 0 5,363

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 91.20% 74.33%
Average Loan Size $349 $417
Average Individual Loan Size $557 $654
Average Group Loan Size $1,378 $1,845
Average number of borrowers per group 4.1 8
Average GDP per capita (PPP) in local country $3,500 $5,942
Average Loan Size / GDP per capita (PPP) 9.97% 7.01%
Average Time to Fund a Loan 8.18 days 6.29 days
Average Dollars Raised Per Day Per Loan $42.65 $66.21
  Average Loan Term 6.23 months 10.74 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1 349,921
  Journaling Rate 0.08% 41.47%
  Average Number of Comments Per Journal 0.00 0.07
  Average Number of Recommendations Per Journal 0.00 1.58

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 59% PY 53.00% PY 32.03% PY
  Profitability (return on assets) 9.9% 0.3% -1.92%
  Average Loan Size (% of per capita income) 11.00% 13.00% 19.63%

Country Fast Facts

Field Partner Staff

Bright Antwi
Ewuraesi Crankson
John Kofi Djagbo
Stephen Dugbazah
Mark Kissi
Eric Korankye
Benjamin Sackey
Abu Sidiq
Michael Tweneboah