Status update — July, 2019

Kiva and Moringa School have agreed to end their partnership after close to 4 years and over $49k in loans raised. This Field Partner has repaid all its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Moringa School for the years of collaboration and wish them success in their future endeavors.

Partner description:

Founded in April 2014, Moringa School enables young people who are passionate about technology to become top mobile and web developers in Nairobi's fast-growing tech scene. Moringa School’s skills training is conducted through an immersive and intensive 16-week program, followed by placement into high-value employment. 

In Kenya, access to quality higher education and especially education in technology, is severely lacking. Yet, Nairobi has become the African hub for innovation, with jobs being filled largely by international workers. Because of these two factors, the unemployment rate remains high for Kenyan graduates.  

Moringa School gives young Kenyans and other young people from across the region a chance to tap into the booming technology market and gain valuable coding skills. Graduates have a 100% job placement rate and an average 350% salary increase over their previous employment.


Unique lending approach
Moringa School is a world-class coding accelerator with an education to employment model and a 95% job placement rate. Loans funded on Kiva will help students complete Moringa School's 5-week Moringa Prep and 19-week Moringa Core coding programs, positioning them to access well-paid technology jobs. Through highly trained teachers and a curated curriculum, Kiva loans through Moringa aim to help create the next generation of world-class developers in Africa. Moringa works with over 40 technology companies as hiring partners.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 16, 2015 Oct 12, 2005
Total Loans $49,550 $1,342,485,625
Amount of raised Inactive loans $0 $1,163,725
Number of raised Inactive loans 0 1,504
Amount of Paying Back Loans $0 $147,630,950
Number of Paying Back Loans 0 195,038
Amount of Ended Loans $49,550 $1,193,690,950
Number of Ended Loans 24 1,537,959
Delinquency Rate 0.00% 10.49%
Amount in Arrears $0 $9,735,701
Outstanding Portfolio $0 $92,847,283
Number of Loans Delinquent 0 57,667
Default Rate 72.83% 1.76%
Amount of Ended Loans Defaulted $36,088 $21,037,796
Number of Ended Loans Defaulted 18 51,424
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,195,382
Refund Rate 60.24% 0.59%
Amount of Refunded Loans $29,850 $7,939,025
Number of Refunded Loans 14 7,847

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 13.16% 76.43%
Average Loan Size $2,089 $394
Average Individual Loan Size $2,089 $609
Average Group Loan Size $0 $1,762
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $1,800 $5,773
Average Loan Size / GDP per capita (PPP) 116.08% 6.82%
Average Time to Fund a Loan 10.5 days 7.13 days
Average Dollars Raised Per Day Per Loan $199.01 $55.26
  Average Loan Term 24.63 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 52 796,556
  Journaling Rate 75.00% 43.15%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.80

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 13% APR 36.00% PY 25.24% PY
  Profitability (return on assets) N/A 0.5% -1.43%
  Average Loan Size (% of per capita income) N/A 56.00% 12.96%

Country Fast Facts

Field Partner Staff

Audrey Cheng
Fiona Kirui
Paul Ooko