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

Takamoto is committed to replacing traditional fuels used for cooking with clean and cost-effective biogas. Almost 90% of rural Kenyans do not have access to electricity, and the large majority of the country's population still relies on traditional fuels such as firewood, charcoal, kerosene. Not only do these fuels cause chronic illness from smoke and soot, but they are also harmful to the environment and increasingly expensive. So far our clients with biogas systems save 45 minutes per day that would have been spent collecting, splitting and lighting firewood. The average family saves 2.7 trees per year and saves 12% on their monthly cooking fuel expense. Farmers no longer have to deal with smokey wood fires that cause 4 million deaths annually.
 
Takamoto provides Kenyan farmers with a biodigester, piping and a stove. By feeding the biodigester daily with cow or pig manure, the farmers and their families generate biogas for six hours of cooking per day. The biogas systems also produce an organic and nutritious fertilizer which farmers can use on their crops that increases crop yields by 5-42% over using chemical fertilizer alone.
 
A unique lending approach:
 
Takamoto Biogas installs home biogas systems using a hire-purchase loan (Lease-to-Own).  This means that farmers make installment payments to obtain full ownership over a period of time.  Hire-purchase loans are usually successful because they protect the borrower from debt; at any time the client can discontinue the contract.
 


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 20, 2014 Oct 12, 2005
Total Loans $59,850 $910,116,500
Amount of raised Inactive loans $0 $1,400,225
Number of raised Inactive loans 0 1,349
Amount of Paying Back Loans $49,150 $137,031,525
Number of Paying Back Loans 65 166,167
Amount of Ended Loans $10,700 $771,684,750
Number of Ended Loans 14 964,797
Delinquency Rate 17.06% 8.76%
Amount in Arrears $6,554 $7,737,939
Outstanding Portfolio $38,410 $88,295,902
Number of Loans Delinquent 46 21,796
Default Rate 0.00% 1.35%
Amount of Ended Loans Defaulted $0 $10,384,180
Number of Ended Loans Defaulted 0 29,512
Currency Exchange Loss Rate 0.17% 0.46%
Amount of Currency Exchange Loss $103 $4,150,252
Refund Rate 1.29% 0.64%
Amount of Refunded Loans $775 $5,827,650
Number of Refunded Loans 1 5,888

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 52.38% 75.02%
Average Loan Size $758 $404
Average Individual Loan Size $758 $636
Average Group Loan Size $0 $1,790
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $1,800 $5,917
Average Loan Size / GDP per capita (PPP) 42.10% 6.83%
Average Time to Fund a Loan 12.05 days 6.97 days
Average Dollars Raised Per Day Per Loan $62.89 $57.99
  Average Loan Term 35.52 months 11.09 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 78 471,978
  Journaling Rate 0.00% 41.75%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.22

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 36.00% PY 26.49% PY
  Profitability (return on assets) 17.67% 0.5% 0.07%
  Average Loan Size (% of per capita income) N/A 56.00% 18.04%

Country Fast Facts

Field Partner Staff

Takamoto Biogas
Martin Gitahi
Basilio Joshua
Kyle Schutter
Victoria Wambui