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


Partner Description:

Inkomoko, formerly known as African Entrepreneur Collective (AEC), provides training, advisory, and low-cost financing to entrepreneurs. Inkomoko's vision is an Africa with thriving communities where young people and refugees are engaged, communities have access to relevant innovations for self-determination, and where African solutions are unleashed to solve African problems.

Founded in 2012, Inkomoko has provided business advisory and access to finance for thousands of entrepreneurs across East Africa. As the largest investor in refugee businesses in Africa, they have disbursed more than $7.7M in capital to more than 3000 clients as of 2023. This affordable finance for Inkomoko entrepreneurs helps them grow their businesses, create jobs, and improve their livelihoods.

As they look forward, Inkomoko is developing new ways to engage communities to thrive. Creating meaningful market linkages, expanding to secondary cities, and advocating for economic inclusion, Inkomoko has added these community-based approaches to their enterprise development work.

Inkomoko started in Rwanda ten years ago and now has offices in Kenya and Ethiopia. By 2030, Inkomoko will be in 8 countries, serving more than half a million small businesses, creating a positive impact for more than 7 million people across the Continent.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Jul 31, 2013 Oct 12, 2005
Total Loans $5,949,250 $1,960,970,195
Amount of raised Inactive loans $0 $385,125
Number of raised Inactive loans 0 245
Amount of Paying Back Loans $1,234,390 $155,006,285
Number of Paying Back Loans 1,059 179,895
Amount of Ended Loans $4,714,860 $1,775,538,270
Number of Ended Loans 4,013 2,382,292
Delinquency Rate 24.55% 11.53%
Amount in Arrears $153,201 $10,730,796
Outstanding Portfolio $560,780 $93,051,115
Number of Loans Delinquent 698 45,519
Default Rate 1.60% 1.82%
Amount of Ended Loans Defaulted $75,309 $32,353,228
Number of Ended Loans Defaulted 37 84,927
Currency Exchange Loss Rate 0.88% 0.49%
Amount of Currency Exchange Loss $57,987 $12,023,738
Refund Rate 0.37% 0.54%
Amount of Refunded Loans $22,300 $10,526,300
Number of Refunded Loans 16 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 46.15% 78.24%
Average Loan Size $1,146 $392
Average Individual Loan Size $1,173 $589
Average Group Loan Size $1,394 $1,892
Average number of borrowers per group 8.8 8.3
Average GDP per capita (PPP) in local country $1,700 $5,599
Average Loan Size / GDP per capita (PPP) 67.38% 7.00%
Average Time to Fund a Loan 9.33 days 8.93 days
Average Dollars Raised Per Day Per Loan $122.79 $43.86
  Average Loan Term 9.11 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 1,607 1,181,539
  Journaling Rate 34.19% 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 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 9% APR 31.00% PY 27.02% PY
  Profitability (return on assets) N/A -3.2% -3.10%
  Average Loan Size (% of per capita income) N/A 81.00% 0.00%

Country Fast Facts

Lending Partner Staff

Sumaya Abbas
Inkomoko API
Wivine Bazizane RUSINGIZA
Abirengeye charite
Tabitha Erupe
Marion Gathuru
David Indekwe
Rachel Ingabire
Placide Iradukunda
Belyse Isimbi
Diana Kabega
Hussein Kadweka
Sara Leedom
Claude Mazimpaka
Eric Mbarushimana
Metissa Mpore
Thierry Mugabe
Emmanuel Mugabo
Natacha Murekezi
Doreen Mutesi
Charles Muyango
Samuel Mwangangi
Cyrus Mwangi
Edyson Mwenedata
Innocent Nsazabaganwa
Frederic Nzayiramya
Julienne Oyler
Gashayija Raissa
Ifrah Rashid
Joy Rugomwa
Andrew Rukundo
Lilliane Rumanyika
Joyce Rurangwa Umwungeri
Sharon Umutesi