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:
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 Field Partner All Kiva Partners
  Start Date On Kiva May 27, 2016 Oct 12, 2005
Total Loans $60,225 $920,917,375
Amount of raised Inactive loans $9,850 $536,650
Number of raised Inactive loans 6 314
Amount of Paying Back Loans $41,800 $138,251,250
Number of Paying Back Loans 24 168,082
Amount of Ended Loans $8,575 $782,129,475
Number of Ended Loans 5 978,743
Delinquency Rate 0.00% 8.66%
Amount in Arrears $0 $7,682,445
Outstanding Portfolio $39,343 $88,739,196
Number of Loans Delinquent 0 22,093
Default Rate 0.00% 1.37%
Amount of Ended Loans Defaulted $0 $10,705,162
Number of Ended Loans Defaulted 0 30,589
Currency Exchange Loss Rate 1.16% 0.46%
Amount of Currency Exchange Loss $697 $4,207,405
Refund Rate 0.00% 0.63%
Amount of Refunded Loans $0 $5,839,875
Number of Refunded Loans 0 5,905

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 45.95% 75.08%
Average Loan Size $427 $403
Average Individual Loan Size $0 $635
Average Group Loan Size $1,721 $1,782
Average number of borrowers per group 4 7.8
Average GDP per capita (PPP) in local country $1,700 $5,910
Average Loan Size / GDP per capita (PPP) 25.13% 6.82%
Average Time to Fund a Loan 10.08 days 6.96 days
Average Dollars Raised Per Day Per Loan $42.39 $57.85
  Average Loan Term 10.35 months 11.1 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 478,842
  Journaling Rate 0.00% 41.63%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.21

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 29% APR N/A 26.13% PY
  Profitability (return on assets) -17% N/A -0.06%
  Average Loan Size (% of per capita income) N/A N/A 17.82%

Country Fast Facts

Field Partner Staff

Anna Brown