N/A, direct to Endorfin

Approved to post Kiva loans from: United States

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.

N/A, direct to Endorfin's Mission Statement

Our mission is to connect chocolate lovers in temperate regions of the world to the tropical farmers we partner with to source the incredible ingredients used in the products we produce. Additionally, despite 20+ years of organic and fair trade premiums being paid to smallholder farmers — many are still living in poverty. We are actively working to solve this problem by providing market access and financial premiums above and beyond commodity market rates and what is guaranteed by third-party certification systems. In addition to quality premiums, we are working towards developing premium programs to compensate farmers for implementing principles like agroforestry and regenerative agricultural practices. We envision a future where farmer prosperity & ecological stewardship are intrinsically linked to the enjoyment of chocolate worldwide.

Repayment Performance on Kiva

	This Field Partner	All Kiva Partners
Start Date On Kiva	Oct 18, 2018	Oct 12, 2005
Total Loans	$50,000	$1,330,802,700
Amount of raised Inactive loans	$0	$547,125
Number of raised Inactive loans	0	685
Amount of Paying Back Loans	$50,000	$147,970,550
Number of Paying Back Loans	1	195,474
Amount of Ended Loans	$0	$1,182,285,025
Number of Ended Loans	0	1,522,055
Delinquency Rate	78.69%	10.42%
Amount in Arrears	$24,000	$9,802,012
Outstanding Portfolio	$27,000	$94,101,479
Number of Loans Delinquent	1	55,529
Default Rate	0.00%	1.74%
Amount of Ended Loans Defaulted	$0	$20,609,355
Number of Ended Loans Defaulted	0	50,258
Currency Exchange Loss Rate	0.00%	0.39%
Amount of Currency Exchange Loss	$0	$5,175,709
Refund Rate	0.00%	0.59%
Amount of Refunded Loans	$0	$7,878,725
Number of Refunded Loans	0	7,776

Loan Characteristics On Kiva

	This Field Partner	All Kiva Partners
Loans to Women Borrowers	0.00%	76.40%
Average Loan Size	$50,000	$394
Average Individual Loan Size	$50,000	$609
Average Group Loan Size	$0	$1,761
Average number of borrowers per group	0	7.7
Average GDP per capita (PPP) in local country	$54,800	$5,776
Average Loan Size / GDP per capita (PPP)	91.24%	6.82%
Average Time to Fund a Loan	13.34 days	7.13 days
Average Dollars Raised Per Day Per Loan	$3,746.80	$55.26
Average Loan Term	13 months	11.34 months

Journaling Performance on Kiva

	This Field Partner	All Kiva Partners
Total Journals	4	789,496
Journaling Rate	100.00%	43.17%
Average Number of Comments Per Journal	0.00	0.03
Average Number of Recommendations Per Journal	0.00	0.81

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)	-77.4%	N/A	-1.96%
Average Loan Size (% of per capita income)	N/A	N/A	12.88%

Country Fast Facts

Country:: United States
Capital:: Washington DC
Official Language:: English (offical) 79.2%, Spanish 12.9%, other Indo-European 3.8%, Asian and Pacific island 3.3%, other 0.9%
Population:: 318,892,103
Avg Annual Income:: $54,800
Labor Force:: farming, forestry, and fishing: 0.7%, manufacturing, extraction, transportation, and crafts: 20.3%, managerial, professional, and technical: 37.3%, sales and office: 24.2%, other services: 17.6%
Population Below Poverty Line:: N/A
Literacy Rate:: 99%
Infant Mortality Rate (per 1000):: 6.17 deaths
Life Expectancy:: 78.64 years

Field Partner Staff