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


Partner description:

Jibu (meaning “solution” in Swahili) is a social enterprise tackling the drinking water and unemployment crises by training local workers to be successful social entrepreneurs. The entrepreneurs, about half of whom are young women, are quickly expanding a network of locally-owned drinking water franchises in Uganda, Rwanda and Kenya. Each one provides affordable, safe and clean water to their underserved communities.

Jibu entrepreneurs are able to offer affordable, clean drinking water by setting up filtration systems tailored to each community, based on available water sources. Customers pay a bottle deposit and then exchange an empty bottle for a new, full bottle, avoiding any middleman markups.

 

A unique lending approach:

Jibu uses Kiva financing to provide credit to entrepreneurs to launch a franchise, or purchase water bottle inventory and delivery vehicles once established, allowing franchisees to quickly scale up their businesses. Loans are repaid from profits on bottle sales.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Jan 11, 2017 Oct 12, 2005
Total Loans $3,969,675 $2,208,523,850
Amount of raised Inactive loans $0 $373,375
Number of raised Inactive loans 0 142
Amount of Paying Back Loans $1,829,925 $151,621,420
Number of Paying Back Loans 94 179,401
Amount of Ended Loans $2,139,750 $2,056,529,055
Number of Ended Loans 295 2,709,737
Delinquency Rate 0.43% 10.35%
Amount in Arrears $4,091 $9,423,912
Outstanding Portfolio $934,562 $91,039,966
Number of Loans Delinquent 7 38,127
Default Rate 0.18% 1.80%
Amount of Ended Loans Defaulted $3,930 $37,119,831
Number of Ended Loans Defaulted 1 97,519
Currency Exchange Loss Rate 2.17% 0.39%
Amount of Currency Exchange Loss $91,475 $13,741,630
Refund Rate 1.69% 0.52%
Amount of Refunded Loans $67,100 $11,566,110
Number of Refunded Loans 3 9,975

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 39.20% 78.91%
Average Loan Size $10,298 $407
Average Individual Loan Size $10,298 $603
Average Group Loan Size $0 $1,963
Average number of borrowers per group 0 8.4
Average GDP per capita (PPP) in local country $1,800 $4,378
Average Loan Size / GDP per capita (PPP) 572.11% 9.30%
Average Time to Fund a Loan 7.76 days 9.19 days
Average Dollars Raised Per Day Per Loan $1,327.35 $44.31
  Average Loan Term 23.5 months 11.52 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 129 1,304,857
  Journaling Rate 40.68% 41.69%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.52

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR 31.00% PY 28.52% PY
  Profitability (return on assets) -8.6% -3.2% -1.50%
  Average Loan Size (% of per capita income) N/A 81.00% 0.00%

Country Fast Facts

Lending Partner Staff

Joy Chemutai
Emmanuel Kabera
Catherine Lupia
Kennedy Mutua
Samuel Mwangangi
Kavita Patel
Prince Quansah
Susan Wamae
Anastasia Wariara