There is no Field Partner for this loan. It is part of the Kiva Labs Social Enterprise program. For more details on LSE, please click here. For more details on the borrower, please refer to their loan profile.



Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Apr 7, 2021 Oct 12, 2005
Total Loans $50,000 $1,513,900,775
Amount of raised Inactive loans $50,000 $480,675
Number of raised Inactive loans 1 287
Amount of Paying Back Loans $0 $161,712,600
Number of Paying Back Loans 0 200,225
Amount of Ended Loans $0 $1,351,707,500
Number of Ended Loans 0 1,774,624
Delinquency Rate 0.00% 20.33%
Amount in Arrears $0 $21,153,513
Outstanding Portfolio $0 $104,049,542
Number of Loans Delinquent 0 97,983
Default Rate 0.00% 1.75%
Amount of Ended Loans Defaulted $0 $23,594,947
Number of Ended Loans Defaulted 0 58,769
Currency Exchange Loss Rate 0.00% 0.41%
Amount of Currency Exchange Loss $0 $6,424,149
Refund Rate 0.00% 0.62%
Amount of Refunded Loans $0 $9,365,050
Number of Refunded Loans 0 8,696

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 77.02%
Average Loan Size $50,000 $393
Average Individual Loan Size $50,000 $605
Average Group Loan Size $0 $1,776
Average number of borrowers per group 0 7.9
Average GDP per capita (PPP) in local country $900 $5,700
Average Loan Size / GDP per capita (PPP) 5,555.56% 6.89%
Average Time to Fund a Loan 8.17 days 7.85 days
Average Dollars Raised Per Day Per Loan $6,117.41 $50.04
  Average Loan Term 13 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 936,623
  Journaling Rate 0.00% 42.89%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.69

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 76.00% PY 28.14% PY
  Profitability (return on assets) N/A -1.7% -0.56%
  Average Loan Size (% of per capita income) N/A 12.00% 11.57%

Country Fast Facts

Country:
Malawi
Capital:
Lilongwe
Official Language:
English (official), Chichewa (common), Chinyanja, Chiyao, Chitumbuka, Chilomwe, Chinkhonde, Chingoni, Chisena, Chitonga, Chinyakyusa, Chilambya
Population:
17,377,468
Avg Annual Income:
$900
Labor Force:
agriculture: 90%, industry and services: 10%
Population Below Poverty Line:
53.00%
Literacy Rate:
74.80%
Infant Mortality Rate (per 1000):
48.01 deaths
Life Expectancy:
59.99 years

Field Partner Staff