Partner Description:

iDE is an international non-profit organization dedicated to creating income and livelihood opportunities for the rural poor. iDE currently operates in 11 countries in Asia, Africa and Latin America. In addition to Mozambique, Kiva also partners with iDE in Cambodia. Their focus is to enhance smallholder farmers’ productivity by increasing their access to agricultural technologies, market information and credit.
Many farmers living in remote locations often can’t be reached by agricultural suppliers. iDE seeks to change this by working with farmers to help them become farmer business advisors who are responsible for delivering high quality agricultural technology to other farmers. They assist farmers and agrodealers in selling and delivering their products, and also provide technical advice. The goal is that a community of farmer business advisors  and agrodealers will be self-sustaining and their expertise can influence the market in the area.
A unique lending approach:

iDE will provide credit and capital asset loans to the farmer business advisors and agrodealers. These farmers will use this funding to purchase agricultural technology from agrodealers and then sell and deliver this technology to farmers. Funding from Kiva lenders will help iDE grow the number of people who can participate in this program. iDE is committed to providing financing to the advisors and would love to also build partnerships with local microfinance institutions.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 23, 2016 Oct 12, 2005
Total Loans $37,100 $974,903,975
Amount of raised Inactive loans $0 $446,850
Number of raised Inactive loans 0 211
Amount of Paying Back Loans $30,950 $147,400,875
Number of Paying Back Loans 27 183,981
Amount of Ended Loans $6,150 $827,056,250
Number of Ended Loans 23 1,039,701
Delinquency Rate 15.79% 8.21%
Amount in Arrears $4,618 $7,880,852
Outstanding Portfolio $29,239 $95,953,362
Number of Loans Delinquent 14 20,164
Default Rate 0.00% 1.39%
Amount of Ended Loans Defaulted $0 $11,517,038
Number of Ended Loans Defaulted 0 33,034
Currency Exchange Loss Rate 0.54% 0.45%
Amount of Currency Exchange Loss $199 $4,428,499
Refund Rate 7.01% 0.61%
Amount of Refunded Loans $2,600 $5,967,400
Number of Refunded Loans 4 5,984

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 25.93% 75.40%
Average Loan Size $735 $399
Average Individual Loan Size $735 $629
Average Group Loan Size $0 $1,760
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $1,200 $5,874
Average Loan Size / GDP per capita (PPP) 61.27% 6.79%
Average Time to Fund a Loan 2.5 days 6.9 days
Average Dollars Raised Per Day Per Loan $293.70 $57.76
  Average Loan Term 5.5 months 11.13 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 66 509,194
  Journaling Rate 100.00% 41.50%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.16

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 15% APR 68.00% PY 26.13% PY
  Profitability (return on assets) 4% 2.1% -1.72%
  Average Loan Size (% of per capita income) N/A 86.00% 16.60%

Country Fast Facts

Field Partner Staff

Zach Carlson
Stefano Gasparini
Faira Mesquita
Casper Ngorima