Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:
Yikri is a microfinance institution based in Burkina Faso that serves vulnerable communities. To better target these communities, Yikri partners with local associations who have expressed that their beneficiaries are in need of microfinance products, such as associations working with widows and disabled people. Given that people of these backgrounds are often completely excluded from other financial services, including from traditional microfinance institutions, Yikri is serving an unmet need.

A unique lending approach:
Yikri will use Kiva financing to offer loans to underbanked populations in Burkina Faso working in small enterprises, agriculture and livestock. Yikri loans allow borrowers to buy small equipment and provide working capital. 

Yikri loans are individual loans, however each individual must be part of a larger group with whom they participate in monthly or bi-monthly meetings/trainings.

While expansion into extremely vulnerable areas means riskier work, Yikri is placing significant emphasis on providing training for clients and have been finding repayment rates to be strong to date.

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Sep 11, 2018 Oct 12, 2005
Total Loans $3,998,495 $1,958,818,855
Amount of raised Inactive loans $0 $250,565
Number of raised Inactive loans 0 237
Amount of Paying Back Loans $400,515 $161,326,725
Number of Paying Back Loans 355 188,875
Amount of Ended Loans $3,597,980 $1,768,237,830
Number of Ended Loans 4,721 2,370,066
Delinquency Rate 69.27% 12.18%
Amount in Arrears $154,660 $12,199,756
Outstanding Portfolio $215,384 $100,189,739
Number of Loans Delinquent 333 72,764
Default Rate 0.22% 1.83%
Amount of Ended Loans Defaulted $7,934 $32,304,134
Number of Ended Loans Defaulted 24 84,789
Currency Exchange Loss Rate 0.31% 0.50%
Amount of Currency Exchange Loss $55,375 $11,980,628
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $10,526,300
Number of Refunded Loans 0 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 74.72% 78.23%
Average Loan Size $788 $392
Average Individual Loan Size $788 $589
Average Group Loan Size $0 $1,891
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $1,500 $5,599
Average Loan Size / GDP per capita (PPP) 52.52% 7.00%
Average Time to Fund a Loan 10.84 days 8.93 days
Average Dollars Raised Per Day Per Loan $72.69 $43.86
  Average Loan Term 7.75 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 1,660 1,178,627
  Journaling Rate 32.78% 42.26%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2017 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 20% PY 20.00% PY 27.02% PY
  Profitability (return on assets) -4.28% -2.1% -3.10%
  Average Loan Size (% of per capita income) N/A 77.00% 0.00%

Country Fast Facts

Lending Partner Staff

Augustin KIENTEGA