Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status Update - 26 July 2019:
Entrepreneurs du Monde - Sont Oo Tehtwin has repaid its outstanding balance to Kiva and these funds have been distributed to lenders. If and when this partner requests to fundraise again on Kiva, we will first conduct any additional monitoring and due diligence tasks we believe are necessary. We thank Entrepreneurs du Monde - Sont Oo Tehtwin for their partnership and wish them success in their future endeavors.

Status Update - 16 October 2018:
Entrepreneurs du Monde - Sont Oo Tehtwin is currently in the process of re-evaluating its Kiva strategy so we have changed their status to inactive, which means Entrepreneurs du Monde - Sont Oo Tehtwin is no longer posting loans. Kiva fully expects the partner to continue sending repayments owed to Kiva lenders for as long as they have an outstanding balance.

Partner description:
Entrepreneurs du Monde is an international NGO that runs a social microfinance program in Myanmar known locally as Sont Oo Tehtwin, which means entrepreneur.

Sont Oo Tehtwin works primarily with women microentrepreneurs, and provides underserved communities in urban and rural parts of southern Yangon with much-needed financial services. The program provides saving accounts, and budget and management training sessions, with their loans.

A unique lending approach:
Sont Oo Tehtwin provides loans to groups of borrowers, free of collateral or joint liability requirements. Funds raised on Kiva support agriculture loans to rice farmers as well as loans to micro-entrepreneurs running their own businesses. In addition to financing, this partner offers socio-economic services to help borrowers develop their income-generating activities and make sustainable improvements to their living conditions.

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva May 27, 2016 Oct 12, 2005
Total Loans $427,800 $1,962,045,250
Amount of raised Inactive loans $0 $898,755
Number of raised Inactive loans 0 437
Amount of Paying Back Loans $0 $154,663,925
Number of Paying Back Loans 0 180,233
Amount of Ended Loans $427,800 $1,775,886,350
Number of Ended Loans 365 2,382,964
Delinquency Rate 0.00% 11.48%
Amount in Arrears $0 $10,646,073
Outstanding Portfolio $0 $92,699,447
Number of Loans Delinquent 0 44,536
Default Rate 0.00% 1.82%
Amount of Ended Loans Defaulted $0 $32,352,443
Number of Ended Loans Defaulted 0 84,926
Currency Exchange Loss Rate 1.82% 0.49%
Amount of Currency Exchange Loss $7,772 $12,026,994
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $10,526,300
Number of Refunded Loans 0 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 73.62% 78.24%
Average Loan Size $273 $392
Average Individual Loan Size $0 $589
Average Group Loan Size $1,172 $1,892
Average number of borrowers per group 4.3 8.3
Average GDP per capita (PPP) in local country $1,700 $5,599
Average Loan Size / GDP per capita (PPP) 16.07% 7.00%
Average Time to Fund a Loan 11.74 days 8.94 days
Average Dollars Raised Per Day Per Loan $23.27 $43.85
  Average Loan Term 10.52 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 30 1,181,733
  Journaling Rate 7.95% 42.25%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 30% APR N/A 27.02% PY
  Profitability (return on assets) 3.8% N/A -3.10%
  Average Loan Size (% of per capita income) N/A N/A 0.00%

Country Fast Facts

Lending Partner Staff