Help us reach $600,000 by December 31!
$38,869

Kiva facilitates loans to more than 4,000 borrowers every week, but since Kiva doesn't take a fee on your loans we rely on donations from lenders like you to keep doing this important work. If every Kiva lender seeing this banner pitched in $20 for our Donation Drive, we'd hit our goal of $600,000 by Dec 31! Please help us reach our goal!

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:

Honey Care Africa (HCA) is a for-profit social enterprise that has launched its business in a Beehive program to provide smallholder farmers in rural areas with the inputs, training, services and market access necessary to become commercial honey producers. Founded in Kenya in 2000, the organization is a member of the World Fair Trade Organization, guaranteeing a competitive fixed purchase price for honey on a contract basis. This enables farmers to repay their loans quickly and sell to a stable market.

HCA’s honey products are developed through extensive research and hands-on experience to be flavorful, reasonably priced and long lasting. To make this possible, its well-trained field team assists farmers in setting up and maintaining their hives. With the additional income from beekeeping, farmers are able to invest in their children’s educations and continue to grow their farms and beekeeping businesses.

Kiva lenders’ funds will enable HCA to provide specialized loans to purchase additional beehives. HCA will provide these loans in the form of hives in addition to training and ongoing support services. Farmers will repay the organization through deductions made from regular honey harvests.

Unique lending approach and partnerships

HCA offers a micro-enterprise opportunity for farmers to raise bees, produce honey and sell it to a reliable customer. In turn, HCA markets primarily to African consumers through supermarkets and corporate partners that use honey in their products (like cookies, biscuits and other baked goods).  




Honey Care Africa’s clients in the field.

Because HCA purchases honey from the beekeepers at a guaranteed price, contracts are safe and stable. The organization’s goal is to maximize the income of rural farmers throughout East Africa in order to help meet Millennium Development Goals. In 2005, HCA was named the top small-to-medium-sized-business in Africa by the Africa SMME Awards. Additionally, the organization received the U.N. Sustainable Development Award for consistently reducing poverty in the local communities it serves.

Image courtesy of Honey Care Africa.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 27, 2012 Oct 12, 2005
Total Loans $255,625 $623,429,475
Amount of raised Inactive loans $4,925 $397,000
Number of raised Inactive loans 19 344
Amount of Paying Back Loans $250,425 $120,374,175
Number of Paying Back Loans 883 131,480
Amount of Ended Loans $275 $502,658,300
Number of Ended Loans 1 633,553
Delinquency Rate 0.00% 4.89%
Amount in Arrears $0 $3,785,980
Outstanding Portfolio $242,496 $77,436,530
Number of loanDelinquent 0 17,993
Default Rate 0.00% 1.12%
Amount of Ended Loans Defaulted $0 $5,608,844
Amount of Ended Loans $275 $502,658,300
Number of Ended Loans Defaulted 0 17,329
Currency Exchange Loss Rate 0.00% 0.11%
Amount of Currency Exchange Loss $0 $679,886
Refund Rate 2.37% 0.74%
Amount of Refunded Loans $6,050 $4,587,900
Number of Refunded Loans 23 5,125

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 45.23% 74.18%
Average Loan Size $283 $418
Average Individual Loan Size $283 $654
Average Group Loan Size $0 $1,836
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $1,800 $3,409
Average Loan Size / GDP per capita (PPP) 15.70% 12.27%
Average Time to Fund a Loan 1.61 days 5.79 days
Average Dollars Raised Per Day Per Loan $175.47 $72.32
  Average Loan Term 44.24 months 10.51 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1 312,728
  Journaling Rate 0.00% 42.15%
  Average Number of Comments Per Journal 0.00 0.07
  Average Number of Recommendations Per Journal 0.00 1.77

Borrowing Cost Comparison (based on 2011 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 7% APR 36.00% PY 33.35% PY
  Profitability (return on assets) N/A 0.5% -1.49%
  Average Loan Size (% of per capita income) N/A 56.00% 38.01%

Country Fast Facts

Field Partner Staff

Madison Ayer
Alexei Bezborodov
Elin Eliasson
Gloria Kaluki
Andrew Loebus
Joe Mwangi
Eva Wafula