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

Together Association for Development and Environment (TADE) is an Egyptian NGO and an umbrella foundation for 25 Community Development Associations in Minia, Baniswef, Fayoum and Kena. It focuses on economic development in rural communities in Egypt and is Kiva’s first partner in Egypt. Kiva funding will allow TADE to expand lending programs, targeting youth, self-employed female entrepreneurs and self-employed or underemployed men.

Due to political unrest and insecurity, socioeconomic conditions in Egypt continue to deteriorate: the unemployment rate among youth has reached 39% and rural-urban income disparities are widening.
TADE's founder, Sameh Seif Ghali, has earned recognition from multiple international foundations and organizations as a social innovator and leader in development in the Arab world. This recognition came thanks to TADE's work establishing low-cost community sewage treatment systems in underserved villages. TADE also runs youth empowerment programs, housing improvement programs, microfinance programs and composting programs. 

TADE actively engages the community in the design and installation of the system, hiring homemakers, unemployed youth and other members of the local community and training them to construct and maintain this system. This not only guarantees that the system meets the needs of each village, but also generates a sense of ownership and confidence among villagers, motivating them to undertake other collective projects.

Through TADE, Ghali also created a network of grass roots organizations to advocate wider adoption of the model to other villages and to lobby to policymakers. Ghali’s goal is to spread this system throughout Egypt and to establish a new Egyptian Sanitation Network. In the long term, TADE aims to grow and expand its model beyond Egypt to achieve broad reach throughout the rural Middle East.

A unique lending approach:

TADE offers microlending programs targeting women and youth in the “poorest of the poor” villages in Upper Egypt, which is the area around the Nile River that is south of the delta. The organization provides group loans to female entrepreneurs to support agriculture and livestock businesses as well as individual loans to youth to support microenterprises and handicraft businesses.

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Dec 3, 2014 Oct 12, 2005
Total Loans $5,406,680 $1,961,263,340
Amount of raised Inactive loans $0 $368,750
Number of raised Inactive loans 0 225
Amount of Paying Back Loans $634,005 $155,292,280
Number of Paying Back Loans 506 180,364
Amount of Ended Loans $4,772,675 $1,775,561,795
Number of Ended Loans 6,330 2,382,297
Delinquency Rate 1.88% 11.50%
Amount in Arrears $6,570 $10,725,818
Outstanding Portfolio $311,346 $93,282,250
Number of Loans Delinquent 18 45,477
Default Rate 0.05% 1.82%
Amount of Ended Loans Defaulted $2,198 $32,353,228
Number of Ended Loans Defaulted 8 84,927
Currency Exchange Loss Rate 6.61% 0.49%
Amount of Currency Exchange Loss $357,600 $12,023,738
Refund Rate 0.08% 0.54%
Amount of Refunded Loans $4,125 $10,526,300
Number of Refunded Loans 2 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 50.52% 78.24%
Average Loan Size $784 $392
Average Individual Loan Size $791 $589
Average Group Loan Size $1,021 $1,892
Average number of borrowers per group 4.3 8.3
Average GDP per capita (PPP) in local country $6,600 $5,599
Average Loan Size / GDP per capita (PPP) 11.88% 7.00%
Average Time to Fund a Loan 10.39 days 8.93 days
Average Dollars Raised Per Day Per Loan $75.50 $43.86
  Average Loan Term 13.56 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 1,773 1,181,695
  Journaling Rate 26.97% 42.25%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 25% APR 34.00% PY 27.02% PY
  Profitability (return on assets) 6.67% 8.2% -3.10%
  Average Loan Size (% of per capita income) N/A N/A 0.00%

Country Fast Facts

Lending Partner Staff

Sameh Seif
Ellen Waheed