MCE Social Capital
Approved to post Kiva loans from: United States, Cote D'Ivoire, Benin
Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.
Partner description:Founded in 2006, MCE Social Capital is a nonprofit impact investing firm that uses a pioneering loan guarantee model to generate economic opportunity for women and families living in poverty throughout the developing world.
Leveraging the excellent credit of high net worth individuals and foundations (its guarantors), MCE borrows capital from U.S. and European financial institutions and accredited investors. MCE then strategically deploys this capital to 2 types of organizations:
- Microfinance Institutions (MFIs) that help people living in rural areas gain access to credit, savings accounts, insurance, healthcare and health education, business education and technical assistance.
- Small and Growing Businesses (SGBs) in the agriculture value chain, water & sanitation and renewable energy sectors, to create reliable jobs in rural economies, raise smallholder farmers’ incom and address basic needs in underserved areas.
Repayment Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Start Date On Kiva | Apr 4, 2017 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $150,000 | $2,042,136,830 | |
Amount of raised Inactive loans | $0 | $356,500 | |
Number of raised Inactive loans | 0 | 209 | |
Amount of Paying Back Loans | $0 | $157,764,155 | |
Number of Paying Back Loans | 0 | 189,647 | |
Amount of Ended Loans | $150,000 | $1,843,227,680 | |
Number of Ended Loans | 3 | 2,482,067 | |
Delinquency Rate | 0.00% | 12.57% | |
Amount in Arrears | $0 | $12,137,711 | |
Outstanding Portfolio | $0 | $96,544,828 | |
Number of Loans Delinquent | 0 | 65,899 | |
Default Rate | 0.00% | 1.82% | |
Amount of Ended Loans Defaulted | $0 | $33,582,045 | |
Number of Ended Loans Defaulted | 0 | 88,667 | |
Currency Exchange Loss Rate | 0.00% | 0.47% | |
Amount of Currency Exchange Loss | $0 | $12,608,670 | |
Refund Rate | 0.00% | 0.54% | |
Amount of Refunded Loans | $0 | $10,935,995 | |
Number of Refunded Loans | 0 | 9,668 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 50.00% | 78.46% | |
---|---|---|---|
Average Loan Size | $50,000 | $393 | |
Average Individual Loan Size | $50,000 | $586 | |
Average Group Loan Size | $0 | $1,910 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $54,800 | $5,594 | |
Average Loan Size / GDP per capita (PPP) | 91.24% | 7.02% | |
Average Time to Fund a Loan | 17.58 days | 9.11 days | |
Average Dollars Raised Per Day Per Loan | $2,843.79 | $43.11 | |
Average Loan Term | 10.75 months | 11.5 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 6 | 1,216,330 | |
---|---|---|---|
Journaling Rate | 66.67% | 41.89% | |
Average Number of Comments Per Journal | 0.00 | 0.02 | |
Average Number of Recommendations Per Journal | 0.00 | 0.55 |
Borrowing Cost Comparison (based on 2017 data)
This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | 9% APR | N/A | 26.44% PY | |
---|---|---|---|---|
Profitability (return on assets) | -0.2% | N/A | -1.32% | |
Average Loan Size (% of per capita income) | N/A | N/A | 0.00% |
Country Fast Facts
- Country:
- United States
- Capital:
- Washington DC
- Official Language:
- English (offical) 79.2%, Spanish 12.9%, other Indo-European 3.8%, Asian and Pacific island 3.3%, other 0.9%
- Population:
- 318,892,103
- Avg Annual Income:
- $54,800
- Labor Force:
- farming, forestry, and fishing: 0.7%, manufacturing, extraction, transportation, and crafts: 20.3%, managerial, professional, and technical: 37.3%, sales and office: 24.2%, other services: 17.6%
- Population Below Poverty Line:
- N/A
- Literacy Rate:
- 99%
- Infant Mortality Rate (per 1000):
- 6.17 deaths
- Life Expectancy:
- 78.64 years