Status update ? September 4, 2018 Ab Ovo"has failed to meet its payment obligations to Kiva lenders since January 2018"and the entire loan amount of $25,000 is now delinquent. *** 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."

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 19, 2017 Oct 12, 2005
Total Loans $25,000 $1,758,239,665
Amount of raised Inactive loans $0 $441,550
Number of raised Inactive loans 0 132
Amount of Paying Back Loans $0 $163,202,810
Number of Paying Back Loans 0 193,982
Amount of Ended Loans $25,000 $1,591,353,280
Number of Ended Loans 1 2,108,808
Delinquency Rate 0.00% 15.34%
Amount in Arrears $0 $15,585,726
Outstanding Portfolio $0 $101,609,202
Number of Loans Delinquent 0 72,330
Default Rate 96.10% 1.70%
Amount of Ended Loans Defaulted $24,025 $26,998,026
Number of Ended Loans Defaulted 1 70,224
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $0 $9,202,644
Refund Rate 0.00% 0.57%
Amount of Refunded Loans $0 $9,961,195
Number of Refunded Loans 0 9,182

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 77.81%
Average Loan Size $25,000 $389
Average Individual Loan Size $25,000 $594
Average Group Loan Size $0 $1,839
Average number of borrowers per group 0 8.2
Average GDP per capita (PPP) in local country $3,500 $5,628
Average Loan Size / GDP per capita (PPP) 714.29% 6.90%
Average Time to Fund a Loan 2.33 days 8.44 days
Average Dollars Raised Per Day Per Loan $10,712.27 $46.05
  Average Loan Term 13 months 11.38 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 7 1,071,973
  Journaling Rate 100.00% 42.48%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.62

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 53.00% PY 26.11% PY
  Profitability (return on assets) N/A 0.3% 0.00%
  Average Loan Size (% of per capita income) N/A 13.00% 0.00%

Country Fast Facts

Country:
Ghana
Capital:
Accra
Official Language:
Asante 14.8%, Ewe 12.7%, Fante 9.9%, Boron (Brong) 4.6%, Dagomba 4.3%, Dangme 4.3%, Dagarte (Dagaba) 3.7%, Akyem 3.4%, Ga 3.4%, Akuapem 2.9%
Population:
25,758,108
Avg Annual Income:
$3,500
Labor Force:
agriculture: 56%, industry: 15%, services: 29%
Population Below Poverty Line:
28.50%
Literacy Rate:
71.50%
Infant Mortality Rate (per 1000):
38.52 deaths
Life Expectancy:
65.75 years

Field Partner Staff

Priscilla Impraim