Partner Description:

Gham Power is a for-profit company that develops and installs commercial-scale solar projects in Nepal. The company provides the tools, engineering, design, training and financial models for solar systems that cut diesel consumption and power rural communities that would otherwise be without power. Since it was founded in 2010, Gham has installed solar power for for more than 400 clients ranging from rural communities to urban industries.
 
Gham Power is recognized by the Nepal Government as a company that is pre-approved to install solar home systems and institutional solar PV systems. Gham has 2 branch offices and over 10 installation partners across the country.
 
Gham Power has been awarded a 4 star rating from the Global Impact Investing Rating System.  
 
A unique lending approach:

 With Kiva funding, Gham Power is able to offer loans to fund the upfront cost of a very small electricity utility grid. The loan is disbursed to an individual entrepreneur, who in turn provides access to solar energy to other members of the community. This loan enables the individual to both start a business and create solar energy infrastructure in rural residential communities. 
 


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Oct 4, 2015 Oct 12, 2005
Total Loans $11,100 $863,833,075
Amount of raised Inactive loans $0 $389,950
Number of raised Inactive loans 0 242
Amount of Paying Back Loans $11,100 $136,676,100
Number of Paying Back Loans 5 165,975
Amount of Ended Loans $0 $726,767,025
Number of Ended Loans 0 902,827
Delinquency Rate 22.99% 8.24%
Amount in Arrears $2,491 $7,300,766
Outstanding Portfolio $10,834 $88,598,068
Number of Loans Delinquent 5 22,298
Default Rate 0.00% 1.32%
Amount of Ended Loans Defaulted $0 $9,621,719
Amount of Ended Loans $0 $726,767,025
Number of Ended Loans Defaulted 0 26,679
Currency Exchange Loss Rate 0.00% 0.43%
Amount of Currency Exchange Loss $0 $3,748,457
Refund Rate 0.00% 0.64%
Amount of Refunded Loans $0 $5,544,100
Number of Refunded Loans 0 5,818

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 74.85%
Average Loan Size $2,220 $408
Average Individual Loan Size $2,220 $641
Average Group Loan Size $0 $1,805
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $2,400 $5,937
Average Loan Size / GDP per capita (PPP) 92.50% 6.86%
Average Time to Fund a Loan 0.62 days 6.9 days
Average Dollars Raised Per Day Per Loan $3,578.17 $59.06
  Average Loan Term 37 months 11.04 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 438,820
  Journaling Rate 0.00% 41.47%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.29

Borrowing Cost Comparison (based on 2015 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 10% APR 22.00% PY 27.39% PY
  Profitability (return on assets) -4.3% 2.8% -0.64%
  Average Loan Size (% of per capita income) N/A 32.00% 19.18%

Country Fast Facts

Field Partner Staff

Sandeep Giri
Ritu Joshi
Anjal Niraul
Sudeep Tuladhar