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:

The Arab Center for Agricultural Development (ACAD) is a microfinance organization operating in Ramallah, Palestine. Founded in 1993, it provides micro-loans, small loans, and agriculture loans to poor and low-income Palestinian entrepreneurs. ACAD focuses on several areas of development including offering credit, fostering community development and building agricultural cooperatives.

Today, the organization has impacted over 11,000 people -- including 66 cooperatives -- with loan volume of over $22 million. Kiva lenders’ funds are used to help ACAD serve more people in remote areas, including farmers who already belong to cooperatives. Additionally, the funds enable ACAD to offer loans at lower interest rates to make sure that even the poorest Palestinian borrowers have access to affordable credit.

A unique lending approach and partnerships

ACAD provides a diverse range of financial products, business support services and facilitation of savings to entrepreneurs who want to start or expand their own businesses. Additionally, in response to the region’s salary freeze in 2007, the organization offers loans so that women can supplement their salaries and take better care of their families.

ACAD currently works with several agricultural cooperatives to provide members with extension services, training, and technical support. ACAD’s field staff make regular visits to these farmers to provide them with free information about market prices and agricultural best practices.

ACAD’s list of partners includesInternational Solidarity for Development and Investment (SIDI) andAgence Française de Développement (AFD).  SIDI specializes in financial and technical support for microfinance institutions, while AFD finances development around the world on behalf of the French Government. Historically, ACAD’s main sources of funding have been grants and loans from international institutions such asEuropean Commission (EC),Islamic Development Bank (IDB) andUnited Nations Development Programme (UNDP). Kiva represents a unique source of capital for the institution to extend its reach.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 8, 2013 Oct 12, 2005
Total Loans $76,325 $721,304,450
Amount of raised Inactive loans $0 $421,300
Number of raised Inactive loans 0 324
Amount of Paying Back Loans $61,825 $133,692,925
Number of Paying Back Loans 23 153,625
Amount of Ended Loans $14,500 $587,190,225
Number of Ended Loans 5 728,054
Delinquency Rate 13.33% 7.19%
Amount in Arrears $4,606 $6,241,652
Outstanding Portfolio $34,561 $86,810,042
Number of Loans Delinquent 15 20,668
Default Rate 0.00% 1.17%
Amount of Ended Loans Defaulted $0 $6,841,628
Amount of Ended Loans $14,500 $587,190,225
Number of Ended Loans Defaulted 0 19,784
Currency Exchange Loss Rate 0.00% 0.27%
Amount of Currency Exchange Loss $0 $1,945,073
Refund Rate 0.00% 0.68%
Amount of Refunded Loans $0 $4,898,125
Number of Refunded Loans 0 5,415

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 25.71% 74.40%
Average Loan Size $2,726 $416
Average Individual Loan Size $2,726 $653
Average Group Loan Size $0 $1,848
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $4,900 $5,938
Average Loan Size / GDP per capita (PPP) 55.63% 7.01%
Average Time to Fund a Loan 12.67 days 6.38 days
Average Dollars Raised Per Day Per Loan $215.10 $65.25
  Average Loan Term 27.51 months 10.77 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 11 354,238
  Journaling Rate 50.00% 41.33%
  Average Number of Comments Per Journal 0.00 0.06
  Average Number of Recommendations Per Journal 0.00 1.56

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 23% PY 30.00% PY 31.97% PY
  Profitability (return on assets) 2.7% 1.3% -1.93%
  Average Loan Size (% of per capita income) 88.50% 34.00% 19.57%

Country Fast Facts

Field Partner Staff

Mohammed Abughalioun
Thaer Fakhoury
Basil Jarrar
Mira Salameh