There is no Lending 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.
N/A, direct to GGEM Farming's Mission Statement
GGEM's mission is to put more money into farmer’s pockets by offering them an ethical market for their produce.
Repayment Performance on Kiva
This Lending Partner
All Kiva Partners
Start Date On Kiva
Apr 7, 2021
Oct 12, 2005
Total Loans
$50,000
$1,952,350,065
Amount of raised Inactive loans
$0
$419,225
Number of raised Inactive loans
0
306
Amount of Paying Back Loans
$0
$155,640,340
Number of Paying Back Loans
0
182,704
Amount of Ended Loans
$50,000
$1,767,301,140
Number of Ended Loans
1
2,368,671
Delinquency Rate
0.00%
10.67%
Amount in Arrears
$0
$10,089,741
Outstanding Portfolio
$0
$94,566,180
Number of Loans Delinquent
0
42,944
Default Rate
0.00%
1.82%
Amount of Ended Loans Defaulted
$0
$32,209,409
Number of Ended Loans Defaulted
0
84,624
Currency Exchange Loss Rate
0.00%
0.50%
Amount of Currency Exchange Loss
$0
$11,931,838
Refund Rate
0.00%
0.54%
Amount of Refunded Loans
$0
$10,472,500
Number of Refunded Loans
0
9,545
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)
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