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

Partner description: 

The Artisan Alliance (previously known as The Alliance for Artisan Enterprise at the Aspen Institute) is an initiative of the Aspen Global Innovators Group at the Aspen Institute, which works to unlock economic value in the artisan sector. It's a collaborative effort of over 140 members and partners working together to promote the full potential of the artisan sector worldwide. 

The artisan sector is the second-largest employer in the developing world after agriculture, worth over $32 billion every year. Hundreds of thousands of people across the globe, particularly women, participate in the artisan sector. Artisan activity creates jobs, increases local incomes, and preserves ancient cultural traditions that in many places are at risk of being lost. Still, artisan businesses are seldom recognized as drivers of economic growth, and artisan entrepreneurs lack access to the tools and resources needed to succeed in the global marketplace.

As a Kiva Field Partner, the Artisan Alliance aims to bridge the financing gap for artisan businesses across the globe.

A unique lending approach:

Loans offered by the Artisan Alliance on the Kiva website are targeted to artisan entrepreneurs around the world who lack access to traditional financing and business development resources. The borrowers represent small and growing businesses in their countries. Loans will support artisan business development, including the purchase of raw materials and equipment to fulfill purchase orders, market preparation, and workshop development.
 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Oct 13, 2014 Oct 12, 2005
Total Loans $410,050 $1,330,802,700
Amount of raised Inactive loans $0 $547,125
Number of raised Inactive loans 0 685
Amount of Paying Back Loans $181,000 $147,970,550
Number of Paying Back Loans 14 195,474
Amount of Ended Loans $229,050 $1,182,285,025
Number of Ended Loans 30 1,522,055
Delinquency Rate 0.00% 10.42%
Amount in Arrears $0 $9,802,012
Outstanding Portfolio $127,000 $94,101,479
Number of Loans Delinquent 0 55,529
Default Rate 0.00% 1.74%
Amount of Ended Loans Defaulted $0 $20,609,355
Number of Ended Loans Defaulted 0 50,258
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,175,709
Refund Rate 3.90% 0.59%
Amount of Refunded Loans $16,000 $7,878,725
Number of Refunded Loans 2 7,776

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 67.39% 76.40%
Average Loan Size $9,262 $394
Average Individual Loan Size $9,262 $609
Average Group Loan Size $0 $1,761
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $54,800 $5,776
Average Loan Size / GDP per capita (PPP) 16.90% 6.82%
Average Time to Fund a Loan 4.91 days 7.13 days
Average Dollars Raised Per Day Per Loan $1,885.89 $55.26
  Average Loan Term 12.87 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 28 789,496
  Journaling Rate 64.52% 43.17%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.81

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR N/A 25.36% PY
  Profitability (return on assets) 5.1% N/A -1.96%
  Average Loan Size (% of per capita income) N/A N/A 12.88%

Country Fast Facts

Field Partner Staff

Johnny Campo
Peggy Clark
Katie Drasser
Tsion Ghedamu
Sabira Moradi
Gina Rogari
Isabelle Schellenger