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:

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 their franchise owners to purchase water bottle inventory. Franchises purchase bottle stock from Jibu corporate in order to grow and expand their distribution as each new customer needs to purchase a refillable water bottle to access Jibu’s clean drinking water. Kiva bottle inventory loans allow franchises to scale up their businesses immediately and save them from having to build a capital base from their own profits, which would slow growth. Loans are repaid from profits on bottle sales.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jan 11, 2017 Oct 12, 2005
Total Loans $793,200 $1,421,418,225
Amount of raised Inactive loans $4,825 $1,140,400
Number of raised Inactive loans 2 94
Amount of Paying Back Loans $637,675 $153,330,600
Number of Paying Back Loans 62 195,397
Amount of Ended Loans $150,700 $1,266,947,225
Number of Ended Loans 55 1,637,962
Delinquency Rate 1.89% 26.58%
Amount in Arrears $10,078 $25,880,860
Outstanding Portfolio $509,334 $97,375,306
Number of Loans Delinquent 16 125,776
Default Rate 0.00% 1.76%
Amount of Ended Loans Defaulted $0 $22,244,085
Number of Ended Loans Defaulted 0 53,955
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,566,508
Refund Rate 3.51% 0.63%
Amount of Refunded Loans $27,825 $8,903,500
Number of Refunded Loans 1 8,413

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 42.28% 76.52%
Average Loan Size $6,842 $394
Average Individual Loan Size $6,842 $612
Average Group Loan Size $0 $1,763
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $1,800 $5,740
Average Loan Size / GDP per capita (PPP) 380.10% 6.87%
Average Time to Fund a Loan 3.35 days 7.2 days
Average Dollars Raised Per Day Per Loan $2,043.56 $54.82
  Average Loan Term 18.82 months 11.38 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 48 901,033
  Journaling Rate 73.21% 43.94%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.71

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 0% APR N/A 25.81% PY
  Profitability (return on assets) -29.5% N/A -2.17%
  Average Loan Size (% of per capita income) N/A N/A 12.55%

Country Fast Facts

Field Partner Staff

Katie Bolt
Joy Chemutai
Tim Kasperidus
Innocent Mupenzi
Sosthene Ndayisaba
Alex Paur
Audrey Royston
Daphne Tashobya