There is no Field 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. 

Update as of 20 Nov 2017:

Loan defaulted because Brent Oils was forcefully closed and its equipment confiscated. Because of the lack of clarity of future repayments, and the fact that this loan is more than 180 days past due, we are defaulting this loan. Kiva will stay in touch with Brent Oils and hopes to be able to share better news in the near future. If/when Brent Oils does make repayment to Kiva, they will be passed along to lenders.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Oct 17, 2016 Oct 12, 2005
Total Loans $20,000 $1,560,232,470
Amount of raised Inactive loans $0 $440,400
Number of raised Inactive loans 0 111
Amount of Paying Back Loans $0 $165,445,820
Number of Paying Back Loans 0 203,277
Amount of Ended Loans $20,000 $1,394,346,250
Number of Ended Loans 1 1,837,443
Delinquency Rate 0.00% 18.38%
Amount in Arrears $0 $19,021,550
Outstanding Portfolio $0 $103,495,354
Number of Loans Delinquent 0 83,576
Default Rate 100.00% 1.70%
Amount of Ended Loans Defaulted $20,000 $23,701,089
Number of Ended Loans Defaulted 1 59,036
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $0 $6,657,163
Refund Rate 0.00% 0.60%
Amount of Refunded Loans $0 $9,432,200
Number of Refunded Loans 0 8,791

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 77.27%
Average Loan Size $20,000 $392
Average Individual Loan Size $20,000 $603
Average Group Loan Size $0 $1,785
Average number of borrowers per group 0 7.9
Average GDP per capita (PPP) in local country $1,800 $5,692
Average Loan Size / GDP per capita (PPP) 1,111.11% 6.88%
Average Time to Fund a Loan 4.51 days 7.99 days
Average Dollars Raised Per Day Per Loan $4,435.20 $49.05
  Average Loan Term 13 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 2 956,967
  Journaling Rate 100.00% 42.71%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.68

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 57.00% PY 26.14% PY
  Profitability (return on assets) N/A 4.5% -1.19%
  Average Loan Size (% of per capita income) N/A 61.00% 11.51%

Country Fast Facts

Field Partner Staff