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:

Sembrar Sartawi is a microfinance institution located in Bolivia. They focus on improving farm productivity, which increases incomes for smallholder farmers in rural areas, where almost 2/3 of the population live below the poverty line and nearly half live in extreme poverty. 

Sartawi combines their loan products with technical advisory services to adopt agricultural best practices and improve productivity through the use of new and better farming technologies.  They also offer extensive financial education programming, and tools to mitigate the effects of climate change, including a micro-insurance product. To further increase their positive impact, Sartawi facilitates access to markets with up-to-date pricing information for their clients to support fair incomes. 

In addition to agricultural loans, Sartawi offers a range of other microcredit options, such as village banking loans, which provide financial services to low-income borrowers, the majority of whom are women. In 2016, Sartawi merged with former Kiva Field Partner, Emprender, to diversify their portfolio.

A unique lending approach: 
Sembrar Sartawi provides additional integrative services for their clients, such as micro-insurance plans and guidance for new farming technology. This comprehensive support provides farmers with the means to succeed in a higher risk sector. Sartawi also uses mobile messaging for repayment reminders, which allows them to easily communicate with their rural borrowers.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 13, 2017 Oct 12, 2005
Total Loans $1,006,200 $1,342,485,625
Amount of raised Inactive loans $0 $1,163,725
Number of raised Inactive loans 0 1,504
Amount of Paying Back Loans $272,675 $147,630,950
Number of Paying Back Loans 271 195,038
Amount of Ended Loans $733,525 $1,193,690,950
Number of Ended Loans 603 1,537,959
Delinquency Rate 2.22% 10.49%
Amount in Arrears $3,154 $9,735,701
Outstanding Portfolio $120,795 $92,847,283
Number of Loans Delinquent 19 57,667
Default Rate 1.08% 1.76%
Amount of Ended Loans Defaulted $7,921 $21,037,796
Number of Ended Loans Defaulted 12 51,424
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,195,382
Refund Rate 0.17% 0.59%
Amount of Refunded Loans $1,750 $7,939,025
Number of Refunded Loans 2 7,847

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 58.37% 76.43%
Average Loan Size $814 $394
Average Individual Loan Size $963 $609
Average Group Loan Size $4,310 $1,762
Average number of borrowers per group 8.4 7.7
Average GDP per capita (PPP) in local country $5,500 $5,773
Average Loan Size / GDP per capita (PPP) 14.80% 6.82%
Average Time to Fund a Loan 14.51 days 7.13 days
Average Dollars Raised Per Day Per Loan $56.11 $55.26
  Average Loan Term 16.47 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 38 796,556
  Journaling Rate 5.45% 43.15%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.80

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 35% APR 20.00% PY 25.24% PY
  Profitability (return on assets) -1.12% 1.5% -1.43%
  Average Loan Size (% of per capita income) N/A 88.00% 12.96%

Country Fast Facts

Field Partner Staff

Lyonel Raul Ballester Fernandez
Waldo Muriel Vega
Cristhian Rivera
Denisse Fabiola Vargas Machicado