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:

Women’s Micro Bank is a microfinance institution in Papua New Guinea, and the only one in the country with an explicit focus on women. Women’s Micro Bank is committed to investing in low-income rural women, and assists women to become self-reliant, entrepreneurs and equal participants in the development and prosperity of the country. Through their mission, the organization hopes to improve the lives of women in Papua New Guinea.

A unique lending approach:

Kiva financing will go towards Women’s Micro Bank’s efforts to sustainably support the expansion of its loan portfolio. The organization is creating 2 types of loans: general loans and agricultural loans. General loans will support a broad set of informal business activities while agricultural loans will go towards women engaged in farming.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 13, 2018 Oct 12, 2005
Total Loans $125,025 $1,403,173,175
Amount of raised Inactive loans $0 $903,700
Number of raised Inactive loans 0 302
Amount of Paying Back Loans $91,025 $149,496,425
Number of Paying Back Loans 118 193,361
Amount of Ended Loans $34,000 $1,252,773,050
Number of Ended Loans 56 1,620,556
Delinquency Rate 15.94% 21.93%
Amount in Arrears $8,355 $20,431,877
Outstanding Portfolio $52,419 $93,154,213
Number of Loans Delinquent 68 130,112
Default Rate 0.00% 1.76%
Amount of Ended Loans Defaulted $0 $22,041,481
Number of Ended Loans Defaulted 0 53,405
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,432,766
Refund Rate 1.94% 0.63%
Amount of Refunded Loans $2,425 $8,878,850
Number of Refunded Loans 2 8,379

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 99.44% 76.47%
Average Loan Size $724 $393
Average Individual Loan Size $724 $609
Average Group Loan Size $0 $1,761
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $2,400 $5,750
Average Loan Size / GDP per capita (PPP) 30.17% 6.83%
Average Time to Fund a Loan 0.11 days 7.18 days
Average Dollars Raised Per Day Per Loan $6,312.20 $54.73
  Average Loan Term 8.79 months 11.38 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 865,358
  Journaling Rate 0.00% 43.37%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.74

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 78% PY 32.00% PY 25.74% PY
  Profitability (return on assets) -8.42% 1.5% -1.78%
  Average Loan Size (% of per capita income) N/A 327.00% 12.55%

Country Fast Facts

Field Partner Staff

Gunanidhi Das
Melisha Sindiwan
Benjamin Terema
Rose Walaget