Last updated October 15, 2012

Partner Description:

Junior Achievement (JA) Kenya is one of the largest nonprofit organizations in Kenya dedicated to educating students and youth about financial literacy, entrepreneurship and work readiness. It is part of the umbrella Junior Achievement organization, whose programs help students apply entrepreneurial thinking skills in the real world and teach them how to generate wealth and effectively manage it.

The organization also helps create jobs to strengthen the local economy. Through JA, students contribute to the development of their communities by gaining practical business experience and insight. The programs range from basic economic education for students to academically enriching programs in entrepreneurship education.

With the help of at least 250,000 volunteers per year, JA reaches approximately 9.3 million students in over 122 countries worldwide.

JA Kenya's purpose is to inspire and prepare young Kenyans to succeed in the global economy. The organization has had incredible success with the JA Company program, in particular, through which students have the opportunity to run andmanage their own companies.

Youth enrolled in this program are supported to establish companies and manage them for 15 weeks, including carrying out market analyses and raising capital. The program has been instrumental in sparking the spirit of entrepreneurship among youth.

Kiva lenders’ funds will be used to help JA Kenya continue to deliver its programs with greater outreach and with the goal of targeting an increased number of out-of-school youth. These funds will enable students to build their own companies and learn how to manage them efficiently.

JA Kenya’s Impact

Since 1999, JA Kenya has directly impacted more than 200,000 students with the support provided by 17,000 volunteer mentors in more than 500 schools countrywide. Today, the organization has operations in various Kenyan cities including Nairobi, Mombasa, Kisumu, Kakamenga, Nakuru, Kisii, Maseno and Ruiru, and its reach continues to grow.

JA Kenya joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 29, 2013 Oct 12, 2005
Total Loans $3,800 $592,214,975
Amount of raised Inactive loans $0 $816,125
Number of raised Inactive loans 0 663
Amount of Paying Back Loans $3,800 $116,724,125
Number of Paying Back Loans 6 124,134
Amount of Ended Loans $0 $474,674,725
Number of Ended Loans 0 602,242
Delinquency Rate 0.00% 4.02%
Amount in Arrears $0 $3,026,567
Outstanding Portfolio $2,716 $75,221,618
Number of loanDelinquent 0 12,360
Default Rate 0.00% 1.13%
Amount of Ended Loans Defaulted $0 $5,345,663
Amount of Ended Loans $0 $474,674,725
Number of Ended Loans Defaulted 0 16,814
Currency Exchange Loss Rate 0.00% 0.09%
Amount of Currency Exchange Loss $0 $538,403
Refund Rate 0.66% 0.77%
Amount of Refunded Loans $25 $4,537,625
Number of Refunded Loans 1 5,064

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 10.00% 74.19%
Average Loan Size $239 $418
Average Individual Loan Size $800 $656
Average Group Loan Size $208 $1,828
Average number of borrowers per group 4 8
Average GDP per capita (PPP) in local country $1,800 $3,429
Average Loan Size / GDP per capita (PPP) 13.28% 12.20%
Average Time to Fund a Loan 0.29 days 5.6 days
Average Dollars Raised Per Day Per Loan $823.95 $74.62
  Average Loan Term 13.1 months 10.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 296,398
  Journaling Rate 0.00% 42.38%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 0.00 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 7% APR 36.00% PY 33.27% PY
  Profitability (return on assets) N/A 0.5% -1.45%
  Average Loan Size (% of per capita income) N/A 56.00% 40.88%

Country Fast Facts

Field Partner Staff

Evelyne Mwandia
John Wali