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 Jun 3, 2021 Oct 12, 2005
Total Loans $100,000 $1,779,121,815
Amount of raised Inactive loans $0 $1,149,250
Number of raised Inactive loans 0 725
Amount of Paying Back Loans $100,000 $155,316,550
Number of Paying Back Loans 1 181,980
Amount of Ended Loans $0 $1,617,462,815
Number of Ended Loans 0 2,145,154
Delinquency Rate 40.00% 13.94%
Amount in Arrears $33,334 $13,332,440
Outstanding Portfolio $67,000 $95,649,881
Number of Loans Delinquent 1 45,880
Default Rate 0.00% 1.71%
Amount of Ended Loans Defaulted $0 $27,674,503
Number of Ended Loans Defaulted 0 71,969
Currency Exchange Loss Rate 0.00% 0.47%
Amount of Currency Exchange Loss $0 $9,555,807
Refund Rate 0.00% 0.56%
Amount of Refunded Loans $0 $9,991,470
Number of Refunded Loans 0 9,200

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 77.84%
Average Loan Size $100,000 $389
Average Individual Loan Size $100,000 $594
Average Group Loan Size $0 $1,844
Average number of borrowers per group 0 8.2
Average GDP per capita (PPP) in local country $6,100 $5,626
Average Loan Size / GDP per capita (PPP) 1,639.34% 6.92%
Average Time to Fund a Loan 11.98 days 8.47 days
Average Dollars Raised Per Day Per Loan $8,350.71 $45.92
  Average Loan Term 25 months 11.39 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 1,084,986
  Journaling Rate 0.00% 42.55%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.62

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 39.00% PY 26.18% PY
  Profitability (return on assets) N/A 2.5% 0.00%
  Average Loan Size (% of per capita income) N/A 43.00% 0.00%

Country Fast Facts

Country:
Nigeria
Capital:
Abuja
Official Language:
English (official), Hausa, Yoruba, Igbo, Fulani, over 500 additional indigenous languages
Population:
17,466,172
Avg Annual Income:
$6,100
Labor Force:
agriculture: 70%, industry: 10%, services: 20%
Population Below Poverty Line:
46.00%
Literacy Rate:
59.60%
Infant Mortality Rate (per 1000):
74.09 deaths
Life Expectancy:
N/A years

Field Partner Staff

Nnaemeka */*/