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 $979,600 $1,449,076,475
Amount of raised Inactive loans $24,900 $1,252,500
Number of raised Inactive loans 1 232
Amount of Paying Back Loans $792,875 $146,657,400
Number of Paying Back Loans 68 166,145
Amount of Ended Loans $161,825 $1,301,166,575
Number of Ended Loans 60 1,706,037
Delinquency Rate 1.45% 22.51%
Amount in Arrears $9,606 $21,153,868
Outstanding Portfolio $617,303 $93,989,868
Number of Loans Delinquent 19 73,688
Default Rate 0.00% 1.73%
Amount of Ended Loans Defaulted $0 $22,474,771
Number of Ended Loans Defaulted 0 54,476
Currency Exchange Loss Rate 0.01% 0.40%
Amount of Currency Exchange Loss $54 $5,838,311
Refund Rate 2.84% 0.63%
Amount of Refunded Loans $27,825 $9,148,850
Number of Refunded Loans 1 8,475

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 41.98% 76.68%
Average Loan Size $7,749 $395
Average Individual Loan Size $7,749 $611
Average Group Loan Size $0 $1,773
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $1,800 $5,730
Average Loan Size / GDP per capita (PPP) 430.52% 6.89%
Average Time to Fund a Loan 3.88 days 7.43 days
Average Dollars Raised Per Day Per Loan $1,994.76 $53.15
  Average Loan Term 19.56 months 11.37 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 49 910,252
  Journaling Rate 66.67% 43.84%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.70

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 25.38% PY
  Profitability (return on assets) -29.5% N/A -1.35%
  Average Loan Size (% of per capita income) N/A N/A 12.34%

Country Fast Facts

Field Partner Staff

Joy Chemutai
Peter Kalui
Tim Kasperidus
Kudzai Munyavi
Innocent Mupenzi
Sosthene Ndayisaba
Alex Paur
Daphne Tashobya
Galen Welsch