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

Status update — July 19, 2017
YICE's final loans with Kiva have ended or defaulted, and this partnership has now been closed. YICE joined Kiva as an experimental partner and lenders’ funds were used to support specialized agricultural training programs for vulnerable women, including single mothers and out-of-school girls, and to help them start their own farming businesses. Through the partnership, 79 groups of vulnerable women and girls were supported to establish farms. In 2016 and 2017 the organization faced serious difficulties due to drought and 2 subsequent failed harvest seasons, which has led YICE to stop their lending program. For the past year, Kiva has been working with YICE to try to recover the remaining outstanding amount due to Kiva lenders. Kiva’s present assessment is that this Lending Partner is unable to make further payments, and thus the remaining $3,600 in outstanding amounts due to Kiva lenders has now been defaulted. 

Partner Description:

Youth Initiative for Community Empowerment (YICE) is a registered women and youth empowerment initiative in Central Uganda. Aiming to empower vulnerable women and young people both economically and socially, it provides four core services:

1) Training vulnerable women and out-of-school girls in farming as a business
2) Advancing sexual and reproductive health as well as HIV/AIDS rights
3) Conducting youth vocational and skills development trainings
4) Integrated care and support for orphans and other high-risk children

Founded in 2010, YICE began by organizing focus group discussions to better understand clients’ needs. It quickly identified women as a hard-to-reach group that needed specific intervention. They determined that many widows and out-of-school girls in Uganda live in poverty and depend on subsistence farming. Most of these women are illiterate, marginalized in their communities or come from abusive homes.

Early on, the initiative supported 10 widows and 5 out-of-school girls to establish small farming enterprises, produce vegetables, grow local poultry and rear pigs. In the future, YICE is planning to organize financial literacy programs to build the capacity of vulnerable women even more.

Kiva lenders’ funds are used to support specialized agricultural training programs for vulnerable women, including single mothers and out-of-school girls, and to help them start their own farming businesses. Kiva’s flexible, risk-tolerant capital enables YICE to impact a large group of vulnerable women by teaching them how to establish small farming enterprises. Participants are also introduced to financial management, record keeping and other skills.

YICE’s impact:

Since its inception, YICE has enabled widows and out-of-school girls to establish sustainable farming businesses. With the income gained from selling products, these women expand their enterprises, and buy food, soap, paraffin, clothes, and school supplies for orphaned children. Several of the out-of-school girls are expected to earn between $30 to $70 monthly from eggs through their local chicken enterprises.

Additionally, the organization has trained mothers as peers educators in sexual and reproductive health. These trainees have reached 860 households in 10 villages with information on sexual reproductive health, HIV/AIDS and maternal health. As a result, 160 people have been tested for HIV/AIDS, including 91 mothers. These numbers will continue to climb as the organization grows and becomes more established.

During YICE’s focus group discussions, a total of 247 orphans and vulnerable children (OVC) were identified. The needs of these women and children were assessed, and their capacities were improved through OVC workshops and seminars. 198 were provided with clothes and school supplies collected through a YICE Fundraising Campaign.

YICE joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

Images courtesy of Youth Initiative for Community Empowerment.

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Feb 26, 2013 Oct 12, 2005
Total Loans $37,975 $1,958,960,270
Amount of raised Inactive loans $0 $198,810
Number of raised Inactive loans 0 174
Amount of Paying Back Loans $0 $161,515,145
Number of Paying Back Loans 0 189,106
Amount of Ended Loans $37,975 $1,768,242,580
Number of Ended Loans 73 2,370,068
Delinquency Rate 0.00% 12.15%
Amount in Arrears $0 $12,196,492
Outstanding Portfolio ($0) $100,379,645
Number of Loans Delinquent 0 72,762
Default Rate 9.48% 1.83%
Amount of Ended Loans Defaulted $3,601 $32,307,398
Number of Ended Loans Defaulted 21 84,791
Currency Exchange Loss Rate 3.54% 0.50%
Amount of Currency Exchange Loss $1,345 $11,998,745
Refund Rate 7.57% 0.54%
Amount of Refunded Loans $2,875 $10,526,300
Number of Refunded Loans 5 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 87.34% 78.24%
Average Loan Size $105 $392
Average Individual Loan Size $0 $589
Average Group Loan Size $524 $1,891
Average number of borrowers per group 5 8.3
Average GDP per capita (PPP) in local country $1,800 $5,599
Average Loan Size / GDP per capita (PPP) 5.83% 7.00%
Average Time to Fund a Loan 3.98 days 8.93 days
Average Dollars Raised Per Day Per Loan $26.36 $43.86
  Average Loan Term 16.34 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 34 1,178,680
  Journaling Rate 28.77% 42.25%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2015 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 35% APR 57.00% PY 27.02% PY
  Profitability (return on assets) N/A 4.5% -3.10%
  Average Loan Size (% of per capita income) N/A 61.00% 0.00%

Country Fast Facts

Lending Partner Staff