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Partner Description:

Kopernik is a nonprofit organization that helps rural retailers in Indonesia sell simple, life-improving technologies to their communities. Founded in 2009, it connects technology producers with local partners in remote areas to address needs like clean water, electricity, food security and healthcare. Watch a short video that explains Kopernik’s mission to serve last-mile customers here

Kopernik works with 50 local partners to distribute technology products to rural communities. Currently, Kopernik has “Tech Kiosks” operating across Indonesia, with a particular focus on East Nusa Tenggara, one of Indonesia’s poorest provinces.

Indonesia lacks an established large-scale distribution network to its rural areas. Small kiosks and local shops account for approximately 85% of Indonesia’s retail market, but are often found in remote locations. As a result, distribution to these locations is time consuming and very expensive. Even if a supply chain is established, the product’s price must be high for end consumers to cover all the costs.

Kopernik is committed to addressing these supply chain challenges by distributing technology products via “Tech Kiosks” located in rural stores, thus lowering costs and increasing availability. Kiva funding will enable retailers to purchase more inventory at a better price, thereby increasing the distribution of life-improving technologies in rural communities.

A unique lending approach:

Kopernik works to sustainably provide communities with access to clean water, solar light, cleaner cooking equipment and improved health care by supporting local shop owners to sell life-changing technology products to local customers.

To establish Tech Kiosks in their stores, shop owners must fill out an application, receive an onsite visit and pass an interview. If they are selected, they receive training on product specifications, maintenance, after-sales service, data collection and reporting requirements. They then select which products they want to sell from a catalogue based on community needs and product demonstrations, and also receive promotional materials.

In addition to supporting shop owners to establish Tech Kiosks, Kopernik works with local partners to train residents to sell technologies in their communities. These salespeople are called Tech Agents. Tech Agents receive technologies on consignment that they then sell to their communities. Once they make a sale, they earn a commission, repay Kopernik for the cost of the products and replenish their inventories.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 14, 2013 Oct 12, 2005
Total Loans $61,425 $874,960,175
Amount of raised Inactive loans $0 $710,400
Number of raised Inactive loans 0 536
Amount of Paying Back Loans $6,700 $136,648,425
Number of Paying Back Loans 8 167,060
Amount of Ended Loans $54,725 $737,601,350
Number of Ended Loans 70 916,439
Delinquency Rate 62.44% 8.46%
Amount in Arrears $2,904 $7,476,165
Outstanding Portfolio $4,651 $88,321,485
Number of Loans Delinquent 6 22,435
Default Rate 0.00% 1.32%
Amount of Ended Loans Defaulted $0 $9,707,641
Number of Ended Loans Defaulted 0 27,160
Currency Exchange Loss Rate 1.81% 0.44%
Amount of Currency Exchange Loss $1,114 $3,823,595
Refund Rate 1.30% 0.65%
Amount of Refunded Loans $800 $5,700,625
Number of Refunded Loans 1 5,834

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 41.25% 74.90%
Average Loan Size $788 $407
Average Individual Loan Size $788 $640
Average Group Loan Size $0 $1,805
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $5,200 $5,934
Average Loan Size / GDP per capita (PPP) 15.15% 6.86%
Average Time to Fund a Loan 1.32 days 6.92 days
Average Dollars Raised Per Day Per Loan $596.71 $58.85
  Average Loan Term 11.99 months 11.06 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 97 447,522
  Journaling Rate 96.15% 41.57%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.27

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 40.00% PY 26.87% PY
  Profitability (return on assets) N/A 1.8% -0.78%
  Average Loan Size (% of per capita income) N/A 23.00% 18.82%

Country Fast Facts

Field Partner Staff

Sally Bolton
Putu Monica Christy
Edwin Mulianto
Jayanti Ni Nyoman Ari
Melissa Preston
Cornelia Sitanggang
Ewa Wojkowska