Status update — September 4, 2018

Vava Coffee has failed to meet its payment obligations to Kiva lenders since July 2017 and the entire loan amount of $50,000 is now delinquent.

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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 21, 2016 Oct 12, 2005
Total Loans $50,000 $2,056,436,760
Amount of raised Inactive loans $0 $246,055
Number of raised Inactive loans 0 235
Amount of Paying Back Loans $0 $158,330,245
Number of Paying Back Loans 0 188,292
Amount of Ended Loans $50,000 $1,854,343,460
Number of Ended Loans 1 2,501,455
Delinquency Rate 0.00% 12.18%
Amount in Arrears $0 $11,905,982
Outstanding Portfolio $0 $97,730,170
Number of Loans Delinquent 0 63,551
Default Rate 99.80% 1.84%
Amount of Ended Loans Defaulted $49,900 $34,038,827
Number of Ended Loans Defaulted 1 91,258
Currency Exchange Loss Rate 0.00% 0.47%
Amount of Currency Exchange Loss $0 $12,742,203
Refund Rate 1.00% 0.55%
Amount of Refunded Loans $500 $11,261,520
Number of Refunded Loans 1 9,866

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 78.49%
Average Loan Size $25,250 $393
Average Individual Loan Size $25,250 $585
Average Group Loan Size $0 $1,913
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $1,800 $5,592
Average Loan Size / GDP per capita (PPP) 1,402.78% 7.03%
Average Time to Fund a Loan 26.12 days 9.13 days
Average Dollars Raised Per Day Per Loan $966.58 $43.04
  Average Loan Term 14 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 14 1,225,264
  Journaling Rate 100.00% 41.91%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

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 36.00% PY 26.61% PY
  Profitability (return on assets) N/A 0.5% -1.32%
  Average Loan Size (% of per capita income) N/A 56.00% 0.00%

Country Fast Facts

Country:
Kenya
Capital:
Nairobi
Official Language:
English (official), Kiswahili (official)
Population:
45,010,056
Avg Annual Income:
$1,800
Labor Force:
agriculture: 75%, industry and services: 25%
Population Below Poverty Line:
43.40%
Literacy Rate:
87.40%
Infant Mortality Rate (per 1000):
40.71 deaths
Life Expectancy:
63.52 years

Lending Partner Staff