Status update - June 4, 2019

Since March 2019, we have been working in partnership with Socios en Salud (Partners in Health) to professionalize their credit processes and update their loan product offerings. With a new Kiva strategy and solidified credit program in place, we are pleased to reactivate Socios en Salud's Kiva account to continue to provide loans to vulnerable and financially excluded populations in Perú.

Status update — March 12, 2018
Kiva has moved this Field Partner to inactive status, which means Socios en Salud Perú (Partners in Health) is no longer fundraising loans on Kiva, though Kiva fully expects the partner to continue to send repayments owed to Kiva lenders for as long as the partner has an outstanding balance. Socios en Salud Perú (Partners in Health) hasn't posted a new loan in over 2 years and they're currently in the process of re-evaluating their Kiva strategy. If and when this partner requests to fundraise again on Kiva, Kiva will first conduct any additional monitoring and due diligence tasks we believe necessary.

Partner description:
Partners in Health, Peru, is an organization that treats disease and trains community members to provide education and care for their neighbors. Partners in Health, Peru, operates a program that provides quality healthcare options to low-income communities.  The program includes not only medical attention, but also psychological support and economic sustainability. 
 
Partners in Health, Peru, operates 16 "botiquines" (medical stations) in shantytowns throughout Lima to serve patients with no other access to health care. These medical stations are overseen by women trained as health promoters who manage supplies and coordinate medical care. 
 
As a partner of the Peruvian Ministry of Health, Partners in Health, Peru, impacts national policies for the prevention and treatment of multidrug-resistant tuberculosis (MDR-TB) and HIV. The organization provides important training and support to help implement the policies nationwide. 
 
A unique lending approach:
 
Partners in Health, Peru, targets residents of Lima and Callao, Peru who are living in poverty and suffer from multidrug-resistant tuberculosis or HIV, as well as families with children at risk of developmental delays due to poverty. The organization uses Kiva funding to offer interest-free loans to help entrepreneurs in treatment start or sustain a micro-enterprise. Partners in Health, Peru, also provides food baskets, lodging, and psychological services to clients in treatment.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Sep 12, 2014 Oct 12, 2005
Total Loans $26,550 $1,331,337,875
Amount of raised Inactive loans $0 $563,800
Number of raised Inactive loans 0 742
Amount of Paying Back Loans $600 $148,394,175
Number of Paying Back Loans 1 196,083
Amount of Ended Loans $25,950 $1,182,379,900
Number of Ended Loans 52 1,522,146
Delinquency Rate 100.00% 10.32%
Amount in Arrears $120 $9,760,879
Outstanding Portfolio $109 $94,575,562
Number of Loans Delinquent 1 55,435
Default Rate 5.03% 1.75%
Amount of Ended Loans Defaulted $1,305 $20,648,081
Number of Ended Loans Defaulted 10 50,344
Currency Exchange Loss Rate 0.18% 0.39%
Amount of Currency Exchange Loss $47 $5,194,263
Refund Rate 0.00% 0.59%
Amount of Refunded Loans $0 $7,883,225
Number of Refunded Loans 0 7,778

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 81.13% 76.40%
Average Loan Size $501 $394
Average Individual Loan Size $501 $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 $12,000 $5,776
Average Loan Size / GDP per capita (PPP) 4.17% 6.82%
Average Time to Fund a Loan 5.37 days 7.13 days
Average Dollars Raised Per Day Per Loan $93.27 $55.26
  Average Loan Term 12.17 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 3 789,946
  Journaling Rate 5.66% 43.14%
  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 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 29.00% PY 25.36% PY
  Profitability (return on assets) -2.9% 1.4% -1.98%
  Average Loan Size (% of per capita income) N/A 42.00% 12.96%

Country Fast Facts

Field Partner Staff

Genaro Anco
Carmen Contreras
Milagros Nunovero
Josue Quesnay
Oscar Ramirez
Jorge Tamaki