Microloan Fund "MicroInvest" is one of the leading non-banking financial institutions of Tajikistan. From the date of establishment in 2002, within the framework of the Fergana Valley Regional Microlending Project implemented by Representation of ACDI/VOCA in Tajikistan, MLF Microinvest has directed all efforts towards achievement of understanding, satisfaction of requirements, and expansion of mutually advantageous cooperation with the its clients.

The mission of "MicroInvest" is to improve the standard of living of the population and create new opportunities for social and economic development by providing qualitative financial-technical services to entrepreneurs of Tajikistan.

The goal of "MicroInvest" is to maintaining its leading position in conditions of a growing competition by providing various lending products on mortgaging and non-collateral bases. Microinvest uses group and individual lending methodologies with wide geographic outreach and an innovative approach to work.

MLF Microinvest can be contacted directly at shoira@microinvest.tj

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 6, 2007 Oct 12, 2005
Total Loans $2,086,650 $1,632,084,545
Amount of raised Inactive loans $0 $2,203,700
Number of raised Inactive loans 0 3,841
Amount of Paying Back Loans $0 $160,755,225
Number of Paying Back Loans 0 190,794
Amount of Ended Loans $2,086,650 $1,469,125,620
Number of Ended Loans 3,190 1,942,890
Delinquency Rate 0.00% 16.48%
Amount in Arrears $0 $16,419,828
Outstanding Portfolio $0 $99,641,993
Number of Loans Delinquent 0 56,206
Default Rate 0.00% 1.71%
Amount of Ended Loans Defaulted $0 $25,101,047
Number of Ended Loans Defaulted 0 62,593
Currency Exchange Loss Rate 0.00% 0.41%
Amount of Currency Exchange Loss $0 $7,245,060
Refund Rate 0.30% 0.58%
Amount of Refunded Loans $6,175 $9,499,275
Number of Refunded Loans 10 8,858

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 58.27% 77.46%
Average Loan Size $652 $390
Average Individual Loan Size $653 $601
Average Group Loan Size $1,040 $1,800
Average number of borrowers per group 3 8
Average GDP per capita (PPP) in local country $2,700 $5,664
Average Loan Size / GDP per capita (PPP) 24.15% 6.89%
Average Time to Fund a Loan 1.96 days 8.13 days
Average Dollars Raised Per Day Per Loan $332.67 $48.01
  Average Loan Term 6.56 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,288 986,647
  Journaling Rate 31.41% 42.04%
  Average Number of Comments Per Journal 0.39 0.03
  Average Number of Recommendations Per Journal 7.50 0.67

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 35.00% PY 26.66% PY
  Profitability (return on assets) N/A 3.6% 0.04%
  Average Loan Size (% of per capita income) N/A 135.00% 11.50%

Country Fast Facts

Field Partner Staff

Rob Cavese
Dan Zuckerman