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:

Uncommon Cacao is a social enterprise based in the United States that operates in Belize, Guatemala, Dominican Republic, Haiti and Colombia. Uncommon Cacao is a bean to bar supply chain company, that ensures chocolate makers stable access to quality cacao beans that are ethically and transparently sourced.

To source cacao for chocolate makers, Uncommon Cacao works directly with farmers, smallholder farmer groups and responsible exporters. However, the company’s value proposition is not limited to just sourcing high-quality cacao, but also includes providing chocolate makers with complete transparency around origin and farmer pricing, as well as social impact data.

A unique lending approach:

Uncommon Cacao uses Kiva financing to offer short term loans to 3 major borrowers:  producers, smallholder associations and small and medium enterprises (SMEs). Producers will use the loan to purchase inputs, smallholder associations will use the loans to purchase cacao from farmers or invest in processing equipment and SMEs will use the loans to provide extension services to farmers or to invest in processing and storage facilities.  

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 21, 2018 Oct 12, 2005
Total Loans $60,550 $1,364,076,750
Amount of raised Inactive loans $0 $413,100
Number of raised Inactive loans 0 48
Amount of Paying Back Loans $42,375 $143,936,925
Number of Paying Back Loans 5 189,296
Amount of Ended Loans $18,175 $1,219,726,725
Number of Ended Loans 4 1,573,479
Delinquency Rate 0.00% 9.71%
Amount in Arrears $0 $8,763,444
Outstanding Portfolio $42,375 $90,222,782
Number of Loans Delinquent 0 38,321
Default Rate 0.00% 1.76%
Amount of Ended Loans Defaulted $0 $21,514,390
Number of Ended Loans Defaulted 0 52,145
Currency Exchange Loss Rate 0.00% 0.38%
Amount of Currency Exchange Loss $0 $5,220,835
Refund Rate 0.00% 0.59%
Amount of Refunded Loans $0 $8,098,775
Number of Refunded Loans 0 8,060

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 76.44%
Average Loan Size $6,728 $393
Average Individual Loan Size $6,728 $609
Average Group Loan Size $0 $1,760
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $5,300 $5,767
Average Loan Size / GDP per capita (PPP) 126.94% 6.81%
Average Time to Fund a Loan 4.75 days 7.1 days
Average Dollars Raised Per Day Per Loan $1,416.45 $55.34
  Average Loan Term 7.11 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 4 807,893
  Journaling Rate 100.00% 43.04%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.79

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 N/A 25.46% PY
  Profitability (return on assets) -31.5% N/A -2.49%
  Average Loan Size (% of per capita income) N/A N/A 13.08%

Country Fast Facts

Field Partner Staff

Emily Stone