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:

East Meets West Foundation has relaunched as Thrive Networks on August 26th, 2014.
Thrive Networks is changing the nonprofit business model -- integrating projects and pooling resources so organizations can work together to radically increase impact and hence establish an innovation network for social change. Kiva's formal partnership is now with the Thrive Networks entity, and the name of this partnership has been updated accordingly.

Thrive Networks is creating sustainable and catalytic solutions to difficult development problems. In particular, the organization focuses on providing clean water and sanitation, health services and education that poor communities could not otherwise afford. Since its founding over 26 years ago, the foundation has impacted nearly 6 million impoverished individuals and has invested over $106 million in development solutions.

Based in Oakland, California, Thrive Networks currently operates in Cambodia, India, Laos, Myanmar, the Philippines, and Timor-Leste in addition to Vietnam. Kiva will be working with the organization primarily in Vietnam to support clean water and sanitation initiatives.

Thrive Networks' Clean Water and Sanitation program provides a sustainable clean water supply to rural populations through the construction of school and village water systems. This is a subset of the community Hygiene Output-Based Aid (CHOBA) program, which is supported by many international development funders. The program is estimated to benefit over 1.7 million people in Vietnam and Cambodia.

In health care, the foundation works to reduce infant mortality and morbidity by helping hospitals acquire new, durable neonatal equipment, and state of the art staff training. The program targets common, preventable but too often deadly newborn illnesses like respiratory distress and jaundice.

Thrive Networks' dental program provides free dental care for poor children in Vietnam through clinic and outreach trips. Fees paid by regular customers subsidize care for the poor. And the organization is piloting new clinics this year and next in two of Cambodia’s poorest provinces.

On top of this, another foundation initiative called Operation Healthy Heart, provides financial assistance for impoverished families to treat children with heart defects. A two-year pilot program in Vietnam supports local screening and treatment referrals.

Kiva lenders’ funds will be used to help borrowers obtain quality sanitation equipment so they can build better, healthier futures.

 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Sep 24, 2013 Oct 12, 2005
Total Loans $199,825 $608,635,700
Amount of raised Inactive loans $0 $531,050
Number of raised Inactive loans 0 470
Amount of Paying Back Loans $199,825 $122,656,125
Number of Paying Back Loans 50 131,716
Amount of Ended Loans $0 $485,448,525
Number of Ended Loans 0 614,304
Delinquency Rate 0.00% 3.69%
Amount in Arrears $0 $2,968,440
Outstanding Portfolio $199,825 $80,418,434
Number of loanDelinquent 0 13,446
Default Rate 0.00% 1.10%
Amount of Ended Loans Defaulted $0 $5,358,572
Amount of Ended Loans $0 $485,448,525
Number of Ended Loans Defaulted 0 16,820
Currency Exchange Loss Rate 0.00% 0.09%
Amount of Currency Exchange Loss $0 $572,888
Refund Rate 0.00% 0.75%
Amount of Refunded Loans $0 $4,553,925
Number of Refunded Loans 0 5,085

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 74.22%
Average Loan Size $475 $419
Average Individual Loan Size $0 $656
Average Group Loan Size $3,997 $1,831
Average number of borrowers per group 8.4 8
Average GDP per capita (PPP) in local country $725 $3,422
Average Loan Size / GDP per capita (PPP) 65.47% 12.24%
Average Time to Fund a Loan 12.5 days 5.72 days
Average Dollars Raised Per Day Per Loan $37.98 $73.22
  Average Loan Term 11.96 months 10.42 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 11 303,934
  Journaling Rate 100.00% 42.46%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 0.00 1.82

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 6% APR 22.00% PY 33.29% PY
  Profitability (return on assets) N/A 7.2% -1.37%
  Average Loan Size (% of per capita income) N/A 11.00% 38.28%

Country Fast Facts

Field Partner Staff

Vanessa Casotti
Huong Ha
H-LHPN Hai Duong
Nhi Ho
Katie Kerr
Tom Low
Luciano Moccia
Thuy Ngo
Minh Chau Nguyen
Burt Thompson
Amy Tien
Sylvia Townsend
HPN Ninh Binh VN