Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status Update - June 10, 2015

Kiva and Ensibuuko recently agreed on a revised repayment schedule that would allow Ensibuuko to repay its outstanding balance to lenders over time, while it deals with liquidity challenges. Unfortunately, Ensibuuko is already in violation of this revised agreement, but Kiva will continue to advocate for our lenders to be repaid and we will continue to update this page with any new developments.

Status Update - April 15, 2015

Kiva has decided to pause Ensibuuko's access to fundraising loans on the Kiva platform. Due to a current inability to access liquid assets, such as cash or short-term borrowing, this organization has been unable to repay Kiva lenders in full for repayments made by Kiva borrowers. Ensibuuko currently has $34,735 outstanding owed to Kiva lenders, $12,611 of which is past due. Kiva and Ensibuuko have agreed on a new repayment plan of $2,000 per month until the entire outstanding balance is repaid. Kiva will continue to pursue recovery of all outstanding funds and will pass those funds on to lenders as they're received. Ensibuuko will not be fundraising for new loans on the Kiva platform until this balance has been fully repaid.

Overview of Ensibuuko

Ensibuuko is a for-profit organization that works with rural Ugandan farmers to provide them with access to farm inputs, market information, finance and solar products.

Established in 2011, the organization utilizes a mobile platform that includes a rural advisory network of extension workers, access to purchase inputs over the phone, secure loans for these inputs, and links a farmer’s produce to larger markets at harvest.

A unique lending approach:

Ensibuuko provides loans to farmers for agriculture inputs, including fertilizer and seeds, and solar products. Each individual farmer’s repayment schedule is structured to match the cash flows of his or her principal crops. Ensibuuko selects its borrowers from experienced farmers with a high level of integrity that have demonstrated leadership potential in their community. All Ensibuuko borrowers make a commitment to apply proper farming practices in their farms and agree to mentor and transfer skills to other farmers in their community. In this way, Ensibuuko is building a cohort of model farmers committed to mentor local farmers in their community.

Through the use of their mobile platform, Ensibuuko is also providing farmers with high quality inputs and market information they would otherwise not have access to. With a current reach of 35 districts, Ensibuuko intends to directly extent its services to 25,000 rural farmers in the next 5 years.

Because 90% of Ensibuuko’s borrowers are from off-grid communities, Kiva loans will also be used to help farmers acquire affordable solar systems for lighting and charging mobile phones so that they stay connected and productive. Kiva’s support will also allow the organization to extend loans to more rural farmers who are capable of increasing their production capacity.

Currently, Ensibuuko is reinvesting its profits into a farmer fund that will provide loans to women farmers who demonstrate the potential to grow and manage a rural-based processing plant.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 27, 2014 Oct 12, 2005
Total Loans $47,025 $721,304,450
Amount of raised Inactive loans $0 $421,300
Number of raised Inactive loans 0 324
Amount of Paying Back Loans $47,025 $133,692,925
Number of Paying Back Loans 57 153,625
Amount of Ended Loans $0 $587,190,225
Number of Ended Loans 0 728,054
Delinquency Rate 81.49% 7.19%
Amount in Arrears $32,381 $6,241,652
Outstanding Portfolio $39,735 $86,810,042
Number of Loans Delinquent 57 20,668
Default Rate 0.00% 1.17%
Amount of Ended Loans Defaulted $0 $6,841,628
Amount of Ended Loans $0 $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 0.05% 0.68%
Amount of Refunded Loans $25 $4,898,125
Number of Refunded Loans 1 5,415

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 75.86% 74.40%
Average Loan Size $811 $416
Average Individual Loan Size $811 $653
Average Group Loan Size $0 $1,848
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $1,800 $5,938
Average Loan Size / GDP per capita (PPP) 45.07% 7.01%
Average Time to Fund a Loan 1.98 days 6.38 days
Average Dollars Raised Per Day Per Loan $408.90 $65.25
  Average Loan Term 12.45 months 10.77 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 354,238
  Journaling Rate 0.00% 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 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 19% APR 57.00% PY 31.97% PY
  Profitability (return on assets) N/A 4.5% -1.93%
  Average Loan Size (% of per capita income) N/A 61.00% 19.57%

Country Fast Facts

Field Partner Staff

Opio David