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: 

The ACAD for Finance and Development is the microfinance wing of Arab Center for Agricultural Development (ACAD), an organization operating in Ramallah, Palestine. Founded in 1993, it provides micro-loans, small loans, and agriculture loans to poor and low-income Palestinian entrepreneurs. ACAD for Finance and Development focuses on several areas of development including offering credit, fostering community development and building agricultural cooperatives.

Today, the organization has impacted over 11,000 people -- including 66 cooperatives -- with loan volume of over $22 million. Kiva lenders’ funds are used to help ACAD serve more people in remote areas, including farmers who already belong to cooperatives. Additionally, the funds enable ACAD for Finance and Development to offer loans at lower interest rates to make sure that even the poorest Palestinian borrowers have access to affordable credit.

A unique lending approach and partnerships

ACAD for Finance and Development provides a diverse range of financial products, business support services and facilitation of savings to entrepreneurs who want to start or expand their own businesses. Additionally, in response to the region’s salary freeze in 2007, the organization offers loans so that women can supplement their salaries and take better care of their families.

ACAD for Finance and Development currently works with several agricultural cooperatives to provide members with extension services, training, and technical support. ACAD for Finance and Development's field staff make regular visits to these farmers to provide them with free information about market prices and agricultural best practices.

ACAD's partners includes International Solidarity for Development and Investment (SIDI) and Agence Française de Développement (AFD).  SIDI specializes in financial and technical support for microfinance institutions, while AFD finances development around the world on behalf of the French Government. Historically, ACAD’s main sources of funding have been grants and loans from international institutions such as European Commission (EC),Islamic Development Bank (IDB) and United Nations Development Programme (UNDP). Kiva represents a unique source of capital for the institution to extend its reach.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 8, 2013 Oct 12, 2005
Total Loans $301,575 $975,604,775
Amount of raised Inactive loans $0 $454,250
Number of raised Inactive loans 0 219
Amount of Paying Back Loans $193,450 $147,820,250
Number of Paying Back Loans 71 184,624
Amount of Ended Loans $108,125 $827,330,275
Number of Ended Loans 43 1,040,061
Delinquency Rate 4.78% 8.14%
Amount in Arrears $4,414 $7,854,198
Outstanding Portfolio $92,423 $96,479,828
Number of Loans Delinquent 25 19,674
Default Rate 2.00% 1.39%
Amount of Ended Loans Defaulted $2,158 $11,517,921
Number of Ended Loans Defaulted 3 33,035
Currency Exchange Loss Rate 0.00% 0.45%
Amount of Currency Exchange Loss $0 $4,428,499
Refund Rate 0.99% 0.61%
Amount of Refunded Loans $3,000 $5,970,900
Number of Refunded Loans 1 5,987

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 32.06% 75.40%
Average Loan Size $2,648 $399
Average Individual Loan Size $2,648 $629
Average Group Loan Size $0 $1,760
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $4,900 $5,874
Average Loan Size / GDP per capita (PPP) 54.05% 6.79%
Average Time to Fund a Loan 15.08 days 6.9 days
Average Dollars Raised Per Day Per Loan $175.61 $57.76
  Average Loan Term 27.71 months 11.13 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 18 509,580
  Journaling Rate 48.00% 41.50%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.16

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 20% PY 30.00% PY 26.13% PY
  Profitability (return on assets) 0.5% 1.3% -1.72%
  Average Loan Size (% of per capita income) 88.50% 34.00% 16.60%

Country Fast Facts

Field Partner Staff

Worood abu sobuh
Mohammed Abughalioun
mohammad amer
Thaer Fakhoury
Basil Jarrar
Mira Salameh