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 — October 25, 2021

Kiva has moved this Field Partner to inactive status, which means Entrepreneurs du Monde - Energy Microfranchises is no longer fundraising loans on Kiva, though Kiva fully expects the partner to continue to send repayments owed to Kiva lenders for as long as the partner has an outstanding balance. Entrepreneurs du Monde - Energy Microfranchises posted their last working capital loan for their social enterprise in Haiti, Palmis Eneji, in 2020 and they will continue to send repayments to Kiva lenders for their two outstanding loans to Palmis Eneji. Entrepreneurs du Monde - Energy Microfranchises is currently in the process of re-evaluating their Kiva strategy. If and when this partner requests to fundraise again on Kiva, Kiva will first conduct any additional monitoring and due diligence tasks we believe necessary.

Partner description:

Entrepreneurs du Monde(EdM) is a French NGO created in 1998 that works with vulnerable populations in developing countries. The organization enables thousands of women and men living in extremely difficult circumstances to improve their living conditions. EDM provides support for their micro-entrepreneurs to help them access products that positively impact health, livelihood and the environment.

EdM aims to increase access to energy in developing countries by making clean, modern and affordable energy technologies (cooking and lighting equipment) available to low-income populations. The NGO operates as an incubator for social businesses, which distribute gas stoves, improved biomass stoves, solar-powered lights and solar home systems. 

EdM operates on the ground through 3 different approaches:

   • Social microfinance: Providing micro entrepreneurs in the informal sector with financial services and socio-economic services.

   • Social entrepreneurship: Encouraging the distribution of products offering significant health, economic and environmental benefits and enabling the development of local networks of independent social enterprises managed by local entrepreneurs.

   • Business development services: To support the development of SMEs in high value-added sectors that have limited access to microfinance services (for example artisanal manufacturing).

A unique lending approach

Kiva provides an important source of flexible, risk-tolerant working capital for social businesses in EdM’s network so that they can import and stock clean energy products to meet customer demand. These products positively impact health and the environment by providing a safe and clean source of energy in impoverished communities around the world. 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 1, 2012 Oct 12, 2005
Total Loans $297,350 $1,633,160,845
Amount of raised Inactive loans $0 $2,270,625
Number of raised Inactive loans 0 4,012
Amount of Paying Back Loans $50,000 $160,510,475
Number of Paying Back Loans 1 190,051
Amount of Ended Loans $247,350 $1,470,379,745
Number of Ended Loans 24 1,944,841
Delinquency Rate 7.14% 16.14%
Amount in Arrears $2,778 $16,081,753
Outstanding Portfolio $38,889 $99,647,416
Number of Loans Delinquent 1 54,841
Default Rate 0.00% 1.71%
Amount of Ended Loans Defaulted $0 $25,169,930
Number of Ended Loans Defaulted 0 62,990
Currency Exchange Loss Rate 0.00% 0.41%
Amount of Currency Exchange Loss $0 $7,245,579
Refund Rate 0.00% 0.58%
Amount of Refunded Loans $0 $9,499,275
Number of Refunded Loans 0 8,858

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 61.54% 77.46%
Average Loan Size $11,894 $390
Average Individual Loan Size $11,894 $601
Average Group Loan Size $0 $1,800
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $1,300 $5,664
Average Loan Size / GDP per capita (PPP) 914.92% 6.89%
Average Time to Fund a Loan 2.21 days 8.13 days
Average Dollars Raised Per Day Per Loan $5,383.03 $48.00
  Average Loan Term 11.88 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 6 987,166
  Journaling Rate 25.00% 42.01%
  Average Number of Comments Per Journal 0.50 0.03
  Average Number of Recommendations Per Journal 0.00 0.67

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR N/A 26.62% PY
  Profitability (return on assets) 0.26% N/A -0.18%
  Average Loan Size (% of per capita income) N/A N/A 11.58%

Country Fast Facts

Field Partner Staff

Alexandre Borme
Lise Davy
Stéphanie Dietsch
Carole Sulski