There is no Lending Partner for this loan. It is part of the Kiva Labs Social Enterprise program. For more details on LSE, please click here. For more details on the borrower, please refer to their loan profile.
N/A, direct to Vitalite Zambia's Mission Statement
To improve lives by making quality products, services, and renewable energy accessible for all underserved households in Zambia.
Repayment Performance on Kiva
This Lending Partner
All Kiva Partners
Start Date On Kiva
Nov 17, 2016
Oct 12, 2005
Total Loans
$350,000
$2,042,136,830
Amount of raised Inactive loans
$0
$356,500
Number of raised Inactive loans
0
209
Amount of Paying Back Loans
$200,000
$157,764,155
Number of Paying Back Loans
1
189,647
Amount of Ended Loans
$150,000
$1,843,227,680
Number of Ended Loans
2
2,482,067
Delinquency Rate
100.00%
12.57%
Amount in Arrears
$163,916
$12,137,711
Outstanding Portfolio
$163,916
$96,544,828
Number of Loans Delinquent
1
65,899
Default Rate
0.00%
1.82%
Amount of Ended Loans Defaulted
$0
$33,582,045
Number of Ended Loans Defaulted
0
88,667
Currency Exchange Loss Rate
0.00%
0.47%
Amount of Currency Exchange Loss
$0
$12,608,670
Refund Rate
0.00%
0.54%
Amount of Refunded Loans
$0
$10,935,995
Number of Refunded Loans
0
9,668
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)
Country Fast Facts
Country : Zambia
Capital : Lusaka
Official Language : Bembe 33.4%, Nyanja 14.7%, Tonga 11.4%, Lozi 5.5%, Chewa 4.5%, Nsenga 2.9%, Tumbuka 2.5%, Lunda 1.9%, Kaonde 1.8%, Lala 1.8%, Lamba 1.8%, English (official) 1.7%, Luvale 1.5%, Mambwe 1.3%, Namwanga 1.2%, Lenje 1.1%, Bisa 1%, other 9.2%, unspecified 0.4%
Population : 14,638,505
Avg Annual Income : $4,100
Labor Force : agriculture: 85%, industry: 6%, services: 9%
Population Below Poverty Line : 60.50%
Literacy Rate : 63.40%
Infant Mortality Rate (per 1000) : 66.62 deaths
Life Expectancy : 55.83 years