Kiva and Acciona Microenergía México have agreed to end their partnership after over 3 years and $77,550 in loans raised. This is due to the fact that it is operationally too intensive and costly for AMM to run a credit program. This Field Partner has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Acciona Microenergía México for the years of collaboration and wish them success in their future endeavors.
 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 9, 2014 Oct 12, 2005
Total Loans $77,550 $994,392,850
Amount of raised Inactive loans $0 $260,175
Number of raised Inactive loans 0 305
Amount of Paying Back Loans $0 $154,159,625
Number of Paying Back Loans 0 196,300
Amount of Ended Loans $77,550 $839,973,050
Number of Ended Loans 156 1,055,657
Delinquency Rate 0.00% 8.64%
Amount in Arrears $0 $8,858,527
Outstanding Portfolio $0 $102,532,254
Number of Loans Delinquent 0 30,799
Default Rate 0.00% 1.42%
Amount of Ended Loans Defaulted $0 $11,907,245
Number of Ended Loans Defaulted 0 34,289
Currency Exchange Loss Rate 3.12% 0.45%
Amount of Currency Exchange Loss $2,421 $4,517,253
Refund Rate 7.96% 0.60%
Amount of Refunded Loans $6,175 $5,985,075
Number of Refunded Loans 5 6,003

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 15.43% 75.51%
Average Loan Size $103 $398
Average Individual Loan Size $92 $627
Average Group Loan Size $1,105 $1,756
Average number of borrowers per group 10.6 7.7
Average GDP per capita (PPP) in local country $15,600 $5,870
Average Loan Size / GDP per capita (PPP) 0.66% 6.78%
Average Time to Fund a Loan 2.42 days 6.92 days
Average Dollars Raised Per Day Per Loan $42.53 $57.53
  Average Loan Term 9.12 months 11.13 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 158 519,970
  Journaling Rate 100.00% 41.10%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.14

Borrowing Cost Comparison (based on 2015 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 13% APR 74.00% PY 26.33% PY
  Profitability (return on assets) -11.3% 1% -1.08%
  Average Loan Size (% of per capita income) N/A 4.00% 16.31%

Country Fast Facts

Field Partner Staff