Update from Kiva

In May 2008, Kiva closed its partnership with Urban Ministry in good standing.

Original description

Urban Ministry Jos is a non-governmental and not-for-profit organization founded in 1991. It was started by a joint partnership between the Christian Reformed World Relief committee (CRWRC), the Christian Reformed World Mission (CRWM) and local churches.

Urban Ministry's mission is to bridge the poverty gap between rural and the urban dwellers by focusing on empowerment through access to credit facilities and enterprise development assistance. The following are the 4 core program initiatives:

  • Income Generation (micro finance)
  • Adult Literacy
  • Health education (nutrition, HIV/AIDS, etc)
  • Advocacy/Value formation
  • Urban Ministry can be contacted via email at abtstract@yahoo.com


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Apr 19, 2007 Oct 12, 2005
Total Loans $4,900 $1,960,970,195
Amount of raised Inactive loans $0 $385,125
Number of raised Inactive loans 0 245
Amount of Paying Back Loans $0 $155,006,285
Number of Paying Back Loans 0 179,895
Amount of Ended Loans $4,900 $1,775,538,270
Number of Ended Loans 6 2,382,292
Delinquency Rate 0.00% 11.53%
Amount in Arrears $0 $10,730,796
Outstanding Portfolio $0 $93,051,115
Number of Loans Delinquent 0 45,519
Default Rate 0.00% 1.82%
Amount of Ended Loans Defaulted $0 $32,353,228
Number of Ended Loans Defaulted 0 84,927
Currency Exchange Loss Rate 0.00% 0.49%
Amount of Currency Exchange Loss $0 $12,023,738
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 83.33% 78.24%
Average Loan Size $817 $392
Average Individual Loan Size $817 $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 $6,100 $5,599
Average Loan Size / GDP per capita (PPP) 13.39% 7.00%
Average Time to Fund a Loan 0.67 days 8.93 days
Average Dollars Raised Per Day Per Loan $1,213.15 $43.86
  Average Loan Term 12 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 15 1,181,539
  Journaling Rate 100.00% 42.25%
  Average Number of Comments Per Journal 3.73 0.02
  Average Number of Recommendations Per Journal 1.80 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 39.00% PY 27.02% PY
  Profitability (return on assets) N/A 2.5% -3.10%
  Average Loan Size (% of per capita income) N/A 43.00% 0.00%

Country Fast Facts

Lending Partner Staff