Jibu
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 | $3,230,225 | $2,044,091,155 | |
Amount of raised Inactive loans | $0 | $276,125 | |
Number of raised Inactive loans | 0 | 157 | |
Amount of Paying Back Loans | $1,603,225 | $159,534,660 | |
Number of Paying Back Loans | 105 | 191,982 | |
Amount of Ended Loans | $1,627,000 | $1,843,394,190 | |
Number of Ended Loans | 236 | 2,482,279 | |
Delinquency Rate | 2.85% | 12.22% | |
Amount in Arrears | $26,496 | $12,035,288 | |
Outstanding Portfolio | $824,621 | $98,468,303 | |
Number of Loans Delinquent | 25 | 65,685 | |
Default Rate | 0.24% | 1.83% | |
Amount of Ended Loans Defaulted | $3,930 | $33,692,204 | |
Number of Ended Loans Defaulted | 1 | 88,878 | |
Currency Exchange Loss Rate | 1.78% | 0.47% | |
Amount of Currency Exchange Loss | $57,689 | $12,608,670 | |
Refund Rate | 2.08% | 0.54% | |
Amount of Refunded Loans | $67,100 | $10,936,620 | |
Number of Refunded Loans | 3 | 9,669 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 38.64% | 78.46% | |
---|---|---|---|
Average Loan Size | $9,585 | $393 | |
Average Individual Loan Size | $9,585 | $586 | |
Average Group Loan Size | $0 | $1,910 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $1,800 | $5,593 | |
Average Loan Size / GDP per capita (PPP) | 532.51% | 7.02% | |
Average Time to Fund a Loan | 7.71 days | 9.11 days | |
Average Dollars Raised Per Day Per Loan | $1,243.03 | $43.10 | |
Average Loan Term | 23.14 months | 11.5 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 129 | 1,218,131 | |
---|---|---|---|
Journaling Rate | 46.72% | 41.90% | |
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 2017 data)
This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | 0% APR | 31.00% PY | 26.44% PY | |
---|---|---|---|---|
Profitability (return on assets) | -10.83% | -3.2% | -1.35% | |
Average Loan Size (% of per capita income) | N/A | 81.00% | 0.00% |
Country Fast Facts
- Country:
- Uganda
- Capital:
- Kampala
- Official Language:
- English (official) Ganda,Luganda, other Niger-Congo languages, Nilo-Saharan languages, Swahili, Arabic
- Population:
- 35,918,915
- Avg Annual Income:
- $1,800
- Labor Force:
- agriculture: 82%, industry: 5%, services: 13%
- Population Below Poverty Line:
- 19.50%
- Literacy Rate:
- 78.40%
- Infant Mortality Rate (per 1000):
- 60.82 deaths
- Life Expectancy:
- 58.02 years
Lending Partner Staff
Leticia ArhinEmmanuel Kabera
Moses Kebaso
Isaac Kyuka
Auxillia Msariri
Maurice Mugerwa
Kennedy Mutua
Tosca Terra
Susan Wamae