Status update — December 10, 2021

Since the end of 2019, Cookclean Ghana has been struggling to make payments back to Kiva. While their clean cook stove program was impactful and yielded positive health and economic outcomes, their plan to sell carbon credits did not come through resulting in a substantial loss of projected revenue. Cookclean Ghana's operations have dwindled and while a skeleton crew still handles day-to-day operations, the organization is no longer in a position to meet its obligation to Kiva. We are now defaulting the remaining balance of this loan and closing this partnership.  If Cookclean Ghana is able to make any future repayments to Kiva, they will be passed along to lenders. Please know that even in cases of non-repayment, your loans are still helping make a difference in the lives of borrowers around the globe, and with your support you're giving people an opportunity to pursue better lives.

Status update — September 4, 2018CookClean Ghana has failed to meet its payment obligations to Kiva lenders since September 2017. It has made some partial repayments and currently $33,000 is now delinquent.


There is no Lending Partner for this loan. It is part of the Direct to Social Enterprise program. For more details on DSE, please click here. For more details on the borrower, please refer to their loan profile. 

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Sep 14, 2016 Oct 12, 2005
Total Loans $50,000 $1,959,851,975
Amount of raised Inactive loans $0 $372,750
Number of raised Inactive loans 0 341
Amount of Paying Back Loans $0 $157,781,285
Number of Paying Back Loans 0 181,865
Amount of Ended Loans $50,000 $1,771,710,075
Number of Ended Loans 1 2,378,176
Delinquency Rate 0.00% 11.74%
Amount in Arrears $0 $11,302,177
Outstanding Portfolio $0 $96,293,849
Number of Loans Delinquent 0 50,859
Default Rate 45.00% 1.83%
Amount of Ended Loans Defaulted $22,500 $32,353,831
Number of Ended Loans Defaulted 1 84,926
Currency Exchange Loss Rate 0.00% 0.49%
Amount of Currency Exchange Loss $0 $12,017,791
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 0.00% 78.24%
Average Loan Size $50,000 $392
Average Individual Loan Size $50,000 $589
Average Group Loan Size $0 $1,892
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $3,500 $5,599
Average Loan Size / GDP per capita (PPP) 1,428.57% 7.00%
Average Time to Fund a Loan 5.24 days 8.93 days
Average Dollars Raised Per Day Per Loan $9,540.40 $43.85
  Average Loan Term 13 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 4 1,178,858
  Journaling Rate 100.00% 42.23%
  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 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 53.00% PY 27.02% PY
  Profitability (return on assets) N/A 0.3% -3.10%
  Average Loan Size (% of per capita income) N/A 13.00% 0.00%

Country Fast Facts

Lending Partner Staff