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:
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 Field Partner All Kiva Partners
  Start Date On Kiva Apr 4, 2017 Oct 12, 2005
Total Loans $150,000 $1,330,802,700
Amount of raised Inactive loans $0 $547,125
Number of raised Inactive loans 0 685
Amount of Paying Back Loans $0 $147,970,550
Number of Paying Back Loans 0 195,474
Amount of Ended Loans $150,000 $1,182,285,025
Number of Ended Loans 3 1,522,055
Delinquency Rate 0.00% 10.42%
Amount in Arrears $0 $9,802,012
Outstanding Portfolio $0 $94,101,479
Number of Loans Delinquent 0 55,529
Default Rate 0.00% 1.74%
Amount of Ended Loans Defaulted $0 $20,609,355
Number of Ended Loans Defaulted 0 50,258
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,175,709
Refund Rate 0.00% 0.59%
Amount of Refunded Loans $0 $7,878,725
Number of Refunded Loans 0 7,776

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 50.00% 76.40%
Average Loan Size $50,000 $394
Average Individual Loan Size $50,000 $609
Average Group Loan Size $0 $1,761
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $54,800 $5,776
Average Loan Size / GDP per capita (PPP) 91.24% 6.82%
Average Time to Fund a Loan 17.58 days 7.13 days
Average Dollars Raised Per Day Per Loan $2,843.79 $55.26
  Average Loan Term 10.75 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 6 789,496
  Journaling Rate 66.67% 43.17%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.81

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 9% APR N/A 25.36% PY
  Profitability (return on assets) -0.2% N/A -1.96%
  Average Loan Size (% of per capita income) N/A N/A 12.88%

Country Fast Facts

Field Partner Staff

Pierre Berard
Wendy Turman