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:

REAL Impact is a for-profit social enterprise that is based in Australia and lends to small and growing businesses in Pacific Island nations. REAL Impact seeks to develop a viable and export-ready creative industry across the Pacific region by connecting global fashion and interior design retailers with local artisan producers. The social enterprise provides capacity building for artisans and generates more consistent demand via its e-commerce B2B marketplace.     
 

A unique lending approach:

Kiva financing will go towards REAL Impact’s efforts to provide working capital loans to artisans making products such as furniture, lighting and artworks.

The loan amounts with range from $5,000 to $20,000.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 1, 2018 Oct 12, 2005
Total Loans $41,000 $1,333,162,550
Amount of raised Inactive loans $10,250 $768,675
Number of raised Inactive loans 1 928
Amount of Paying Back Loans $30,750 $141,651,175
Number of Paying Back Loans 3 187,423
Amount of Ended Loans $0 $1,190,742,700
Number of Ended Loans 0 1,532,737
Delinquency Rate 55.79% 10.49%
Amount in Arrears $13,250 $9,107,201
Outstanding Portfolio $20,540 $86,828,297
Number of Loans Delinquent 2 45,570
Default Rate 0.00% 1.73%
Amount of Ended Loans Defaulted $0 $20,642,409
Number of Ended Loans Defaulted 0 50,327
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,194,815
Refund Rate 0.00% 0.59%
Amount of Refunded Loans $0 $7,885,125
Number of Refunded Loans 0 7,780

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 50.00% 76.40%
Average Loan Size $10,250 $394
Average Individual Loan Size $10,250 $609
Average Group Loan Size $0 $1,762
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $2,400 $5,775
Average Loan Size / GDP per capita (PPP) 427.08% 6.82%
Average Time to Fund a Loan 0.41 days 7.13 days
Average Dollars Raised Per Day Per Loan $24,761.64 $55.26
  Average Loan Term 10.75 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1 790,544
  Journaling Rate 100.00% 43.13%
  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 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A N/A 25.36% PY
  Profitability (return on assets) -198.7% N/A -1.98%
  Average Loan Size (% of per capita income) N/A N/A 12.96%

Country Fast Facts

Field Partner Staff

Virginia Bruce
Marc Evans
Rhyan Stephens