Status update — September 27, 2017

SSLLP's partnership with Kiva has been closed. This decision was made due to challenges with this organization’s credit program, which was supported by Kiva funding.  

SSLLP was approved as an experimental partner in April 2014, with the purpose of financing small-scale piggery businesses in Malawi. Between August 2014 and July 2015, 34 farmers received Kiva loans totaling $20,800. Loans provided farmers with 3 pigs, materials for construction of housing for the pigs and a start-up veterinary kit. The loan program failed as farmers weren't able to pay as expected due to losing pigs to African Swine Fever and delays in weaning piglets to sell. Additionally, SSLLP struggled to collect repayments from borrowers. Kiva allowed SSLLP flexibility with borrowers, but only $1,956 has been recovered in the 2 years following their initial delinquency. Given the passage of time and SSLLP's failure to make any repayments since February 2017, all 34 loans have been defaulted and no further recovery is expected from these loans or SSLLP.

Partner description: 

Small Scale Livestock and Livelihoods Program (SSLLP) Malawi is an indigenous, local non-governmental organization that provides low-income families with the means to combat poverty in a sustainable and long-term manner.
 
Established in 1996, the NGO provides families with various types of livestock, including dairy cows, goats, pigs, chickens, fish and honeybees. In doing this, SSLLP hopes to contribute to the socio-economic empowerment of resource poor and vulnerable families.
 
A unique lending approach:
 
SSLLP targets smallholder farmers with one hectare or less of land living in Malawi. The organization believes its programs cut across a wide range of crucial issues affecting the lives of smallholder farmers.
 
It delivers its services through the Heifer International model of “passing on the gift,” which allows families to become positive agents of change in their communities when primary recipients distribute the first breeding offspring of an animal to secondary recipients.
 
SSLLP hopes to give families the opportunity to start piggery businesses, and provide them with two sows, one boar, materials for the construction and housing for pigs and a start-up veterinary kit. With Kiva’s support, SSLLP will be able to expand their target audience, provide a wider range of products, and promote sustainable livelihoods for the resource poor.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 12, 2014 Oct 12, 2005
Total Loans $20,800 $1,333,162,550
Amount of raised Inactive loans $0 $768,675
Number of raised Inactive loans 0 928
Amount of Paying Back Loans $0 $141,651,175
Number of Paying Back Loans 0 187,423
Amount of Ended Loans $20,800 $1,190,742,700
Number of Ended Loans 34 1,532,737
Delinquency Rate 0.00% 10.49%
Amount in Arrears $0 $9,107,201
Outstanding Portfolio $0 $86,828,297
Number of Loans Delinquent 0 45,570
Default Rate 90.28% 1.73%
Amount of Ended Loans Defaulted $18,779 $20,642,409
Number of Ended Loans Defaulted 34 50,327
Currency Exchange Loss Rate 5.49% 0.39%
Amount of Currency Exchange Loss $1,142 $5,194,815
Refund Rate 16.95% 0.59%
Amount of Refunded Loans $3,525 $7,885,125
Number of Refunded Loans 6 7,780

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 65.00% 76.40%
Average Loan Size $608 $394
Average Individual Loan Size $608 $609
Average Group Loan Size $0 $1,762
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $900 $5,775
Average Loan Size / GDP per capita (PPP) 67.57% 6.82%
Average Time to Fund a Loan 0.44 days 7.13 days
Average Dollars Raised Per Day Per Loan $1,371.33 $55.26
  Average Loan Term 19.38 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 18 790,544
  Journaling Rate 38.24% 43.13%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.80

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 76.00% PY 25.36% PY
  Profitability (return on assets) N/A -1.7% -1.98%
  Average Loan Size (% of per capita income) N/A 12.00% 12.96%

Country Fast Facts

Field Partner Staff

Yvonne Kamanga
Chimwemwe Lungu
Sute Mwakasungula