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:

Banco do Povo is a microfinance organization operating out of São Paulo offering microfinance loans to populations with little or no access to financial services. Banco do Povo Crédito Solidário began operations in 1999 as a nonprofit organization offering microcredit through solidarity group lending methodologies focused on the poorest segment of the population. The potential market for microfinance in Brazil is huge, but less than 2 percent of the country’s microentrepreneurs have access to loans. The market is also dominated by banks that only provide heavily subsidized loans that don’t reach low-income entrepreneurs.

Banco do Povo has a strong social mission of poverty alleviation and is one of the only organizations in southern Brazil offering collateral free solidarity group loans in the urban areas of Santo Andre, São Paulo. In addition to the loans the organization facilitates, Banco do Povo also seeks to expand microfinance in Brazil by assisting communities and organizations interested in starting or growing their own microlending programs. It was awarded Citi Bank's Best Microenterprise award in 2012, and receives funding from the Whole Planet Foundation, as well as Brazilian state and commercial banks.

A unique lending approach:

Banco do Povo offers 3 different loans through their micro lending program. The short term working capital loans are meant for purchasing raw materials. Asset acquisition loans allow borrowers to purchase machinery and equipment. Construction loans allow borrowers to purchase building materials and pay for labor required for the project. All 3 of the loans are offered on an individual or group level.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 10, 2015 Oct 12, 2005
Total Loans $3,953,000 $1,606,198,795
Amount of raised Inactive loans $0 $349,375
Number of raised Inactive loans 0 395
Amount of Paying Back Loans $196,900 $163,772,125
Number of Paying Back Loans 118 200,162
Amount of Ended Loans $3,756,100 $1,442,077,295
Number of Ended Loans 1,700 1,906,880
Delinquency Rate 10.54% 16.24%
Amount in Arrears $10,934 $16,550,633
Outstanding Portfolio $71,159 $101,936,172
Number of Loans Delinquent 25 49,658
Default Rate 0.71% 1.71%
Amount of Ended Loans Defaulted $26,625 $24,614,777
Number of Ended Loans Defaulted 19 61,388
Currency Exchange Loss Rate 1.48% 0.40%
Amount of Currency Exchange Loss $71,708 $7,011,572
Refund Rate 0.04% 0.59%
Amount of Refunded Loans $1,525 $9,477,100
Number of Refunded Loans 1 8,839

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 69.12% 77.44%
Average Loan Size $523 $392
Average Individual Loan Size $635 $600
Average Group Loan Size $2,273 $1,806
Average number of borrowers per group 4.4 8
Average GDP per capita (PPP) in local country $12,100 $5,675
Average Loan Size / GDP per capita (PPP) 4.32% 6.91%
Average Time to Fund a Loan 12.31 days 8.07 days
Average Dollars Raised Per Day Per Loan $42.50 $48.58
  Average Loan Term 6.47 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 958 978,070
  Journaling Rate 52.06% 42.28%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.67

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 17% APR 44.00% PY 26.56% PY
  Profitability (return on assets) 2.19% 5.6% -0.53%
  Average Loan Size (% of per capita income) N/A 9.00% 11.35%

Country Fast Facts

Field Partner Staff

Fábio Maschio Rodrigues
Mariane Oliveira
Beatriz Varini