Uberis Capital
Approved to post Kiva loans from: Cambodia
Status update - Feb 2, 2019 Kiva and Uberis Capital have agreed to end their partnership after nearly 5 years and USD50,000 in loans raised. This partner has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Uberis Capital for the years of collaboration and wish them success in their future endeavors.
Partner description:
Uberis Capital is an impact investing venture capital firm that supports high-growth social enterprises in Cambodia, Laos, Vietnam, Philippines, Myanmar and Indonesia. The firm seeks to benefit low-income populations by supporting social enterprises that create jobs and training opportunities, primarily in the areas of smallholder agriculture, rural energy, household improvement and hospitality.
A unique lending approach:
Uberis Capital’s for-profit “Impact Fund” makes equity investments to social enterprises. Kiva funding allows Uberis to run a “Venture Fund” that targets smaller, less mature social enterprises with financing needs between $20,000 and $50,000. The Venture Fund would not generate profits for Uberis Capital, but could act as an incubator for future investments by the Impact Fund.
These enterprises are too big for traditional microfinance loans and too small for most impact investors. Bank loans, if available at all, are often prohibitively expensive. Patient, risk-tolerant capital is needed to fill this gap, often referred to as the “missing middle.”
Partner description:
Uberis Capital is an impact investing venture capital firm that supports high-growth social enterprises in Cambodia, Laos, Vietnam, Philippines, Myanmar and Indonesia. The firm seeks to benefit low-income populations by supporting social enterprises that create jobs and training opportunities, primarily in the areas of smallholder agriculture, rural energy, household improvement and hospitality.
A unique lending approach:
Uberis Capital’s for-profit “Impact Fund” makes equity investments to social enterprises. Kiva funding allows Uberis to run a “Venture Fund” that targets smaller, less mature social enterprises with financing needs between $20,000 and $50,000. The Venture Fund would not generate profits for Uberis Capital, but could act as an incubator for future investments by the Impact Fund.
These enterprises are too big for traditional microfinance loans and too small for most impact investors. Bank loans, if available at all, are often prohibitively expensive. Patient, risk-tolerant capital is needed to fill this gap, often referred to as the “missing middle.”
Repayment Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Start Date On Kiva | Jul 7, 2014 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $50,000 | $1,963,391,405 | |
Amount of raised Inactive loans | $0 | $623,050 | |
Number of raised Inactive loans | 0 | 271 | |
Amount of Paying Back Loans | $0 | $155,983,140 | |
Number of Paying Back Loans | 0 | 182,346 | |
Amount of Ended Loans | $50,000 | $1,776,188,995 | |
Number of Ended Loans | 2 | 2,383,143 | |
Delinquency Rate | 0.00% | 11.21% | |
Amount in Arrears | $0 | $10,545,215 | |
Outstanding Portfolio | $0 | $94,056,681 | |
Number of Loans Delinquent | 0 | 43,938 | |
Default Rate | 71.25% | 1.82% | |
Amount of Ended Loans Defaulted | $35,625 | $32,352,693 | |
Number of Ended Loans Defaulted | 2 | 84,927 | |
Currency Exchange Loss Rate | 0.00% | 0.49% | |
Amount of Currency Exchange Loss | $0 | $12,028,211 | |
Refund Rate | 0.00% | 0.54% | |
Amount of Refunded Loans | $0 | $10,528,825 | |
Number of Refunded Loans | 0 | 9,602 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 100.00% | 78.25% | |
---|---|---|---|
Average Loan Size | $25,000 | $392 | |
Average Individual Loan Size | $25,000 | $589 | |
Average Group Loan Size | $0 | $1,893 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $2,600 | $5,599 | |
Average Loan Size / GDP per capita (PPP) | 961.54% | 7.00% | |
Average Time to Fund a Loan | 7.42 days | 8.94 days | |
Average Dollars Raised Per Day Per Loan | $3,368.13 | $43.84 | |
Average Loan Term | 28 months | 11.47 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 5 | 1,181,957 | |
---|---|---|---|
Journaling Rate | 100.00% | 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 2009 data)
This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | 10% APR | 30.00% PY | 27.02% PY | |
---|---|---|---|---|
Profitability (return on assets) | N/A | 4.6% | -3.03% | |
Average Loan Size (% of per capita income) | N/A | 184.00% | 0.00% |
Country Fast Facts
- Country:
- Cambodia
- Capital:
- Phnom Penh
- Official Language:
- Khmer
- Population:
- 15,458,332
- Avg Annual Income:
- $2,600
- Labor Force:
- agriculture: 55.8%, industry: 16.9%, services: 27.3%
- Population Below Poverty Line:
- 20.00%
- Literacy Rate:
- 73.90%
- Infant Mortality Rate (per 1000):
- 51.36 deaths
- Life Expectancy:
- 63.78 years