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 ? August 24, 2022 Kiva has been working with YSBS for over six years to collect as much as possible of the amount they owe to Kiva lenders. We are happy to report that YSBS has now paid the full amount owed, and Kiva is now able to disburse those repayments to lenders. After almost $400,000 USD in loans to borrowers in Indonesia, we will be closing our partnership with YSBS. We wish them success in their future endeavors and thank them for their commitment to repaying Kiva lenders. Status update ? March 4, 2021 Kiva continues to work with YSBS to collect repayments as per the process outlined in our status update posted on May 24, 2019. See below for more details. Status update ? May 24, 2019 YSBS continues to make partial repayments to Kiva each month, but those have yet to be distributed to lenders. This partner has disputed our foreign exchange loss policy, and therefore hasn't been making payments in full. Right now we're collecting these payments "in trust" until we are certain we have collected everything we can."Funds will then be distributed proportionally to lenders based on the amount they have outstanding.""We appreciate your patience throughout this process. Status update ? August 2, 2017 YSBS continues to make partial repayments to Kiva each month, but those have yet to be distributed to lenders. This partner is currently disputing our foreign exchange loss policy, and therefore hasn't been making payments in full. Right now we're collecting these payments "in trust" while determining the fairest way our system has to disburse repayments to lenders, given the strangeness of this situation. We have plans to visit YSBS later this year and discuss this dispute in person, after which time we should have a better understanding of next steps. Status update ? October 31, 2016 YSBS continues to make repayments on their outstanding balance due to lenders. The organization has long loan terms, so lenders will continue to receive repayments for almost 5 years, but they are committed to repaying Kiva lenders." Status update ? February 2, 2016 Kiva has moved this Field Partner to inactive status, meaning YSBS"is no longer fundraising loans on Kiva. When a partner is moved to inactive status, Kiva expects the partner to continue to send repayments owed to Kiva lenders for as long as the partner has an outstanding balance. 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: Yayasan Sosial Bina Sejahtera (YSBS) is a non-governmental organization that has worked on poverty reduction, food security, gender issues, education, public health, and climate change in Central Java, Indonesia for over 40 years. Enjoying strong relationships with local and national governments and local Muslim leaders, YSBS now oversees several agencies including: Education ? Running 25 schools including five senior high school-level vocational schools. The vocational schools offer a balance of theoretical and practical training in various programs including light automotive, farming, fisheries, accounting, and sewing, and provide students with job placement services. Many Indonesian students attend vocational senior high schools, instead of general senior high school." Women?s Self-Help Group ? A microfinance program for women called Kelompok Swadaya Wanita (KSW) that serves over 2,000 women. The KSW program is driven by a social mission to empower women and alleviate poverty in rural parts of Indonesia. Financial education and savings are encouraged through KSW, and women are required to attend four training sessions prior to forming groups." Socio-economic development ? Executing infrastructure projects like roads and bridges. Charity and health ? Providing services for the vulnerable including surgeries for prosthetic limbs, cysts and cleft lips, wheelchairs for the disabled, and transgender counseling. Minomartani ? A child sponsorship and nutrition program run in partnership with Child Fund. YSBS also has a close affiliate, Yayasan Pembina Pendidikan Kemaritiman (YPPK), which runs Akademi Maritim Nusantara, a tertiary institute for maritime education. The academy teaches approximately 600 students across three disciplines: ship engineering, nautical science, and maritime economics." Kiva funding will be used to supplement and expand several YSBS and YPPK programs. Kiva lenders have the opportunity to fund zero-interest student loans for poor and low-income students at the maritime academy, and YSBS? senior high vocational schools. Other Kiva loans can be made to women in the KSW microfinance program.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 14, 2012 Oct 12, 2005
Total Loans $398,700 $1,758,239,665
Amount of raised Inactive loans $0 $441,550
Number of raised Inactive loans 0 132
Amount of Paying Back Loans $0 $163,202,810
Number of Paying Back Loans 0 193,982
Amount of Ended Loans $398,700 $1,591,353,280
Number of Ended Loans 287 2,108,808
Delinquency Rate 0.00% 15.34%
Amount in Arrears $0 $15,585,726
Outstanding Portfolio $0 $101,609,202
Number of Loans Delinquent 0 72,330
Default Rate 0.00% 1.70%
Amount of Ended Loans Defaulted $0 $26,998,026
Number of Ended Loans Defaulted 0 70,224
Currency Exchange Loss Rate 11.99% 0.46%
Amount of Currency Exchange Loss $47,809 $9,202,644
Refund Rate 0.43% 0.57%
Amount of Refunded Loans $1,700 $9,961,195
Number of Refunded Loans 2 9,182

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 39.93% 77.81%
Average Loan Size $650 $389
Average Individual Loan Size $1,180 $594
Average Group Loan Size $3,296 $1,839
Average number of borrowers per group 12.7 8.2
Average GDP per capita (PPP) in local country $5,200 $5,628
Average Loan Size / GDP per capita (PPP) 12.50% 6.90%
Average Time to Fund a Loan 7.11 days 8.44 days
Average Dollars Raised Per Day Per Loan $91.43 $46.05
  Average Loan Term 61.23 months 11.38 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 237 1,071,973
  Journaling Rate 58.19% 42.48%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.01 0.62

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 11% APR 40.00% PY 26.11% PY
  Profitability (return on assets) N/A 1.8% 0.00%
  Average Loan Size (% of per capita income) N/A 23.00% 0.00%

Country Fast Facts

Field Partner Staff