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.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Jun 3, 2021 Oct 12, 2005
Total Loans $100,000 $2,209,994,875
Amount of raised Inactive loans $0 $529,400
Number of raised Inactive loans 0 191
Amount of Paying Back Loans $100,000 $151,717,915
Number of Paying Back Loans 1 179,728
Amount of Ended Loans $0 $2,057,747,560
Number of Ended Loans 0 2,711,249
Delinquency Rate 100.00% 10.16%
Amount in Arrears $33,332 $9,260,321
Outstanding Portfolio $33,332 $91,155,171
Number of Loans Delinquent 1 35,085
Default Rate 0.00% 1.80%
Amount of Ended Loans Defaulted $0 $37,111,572
Number of Ended Loans Defaulted 0 97,527
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $13,741,641
Refund Rate 0.00% 0.52%
Amount of Refunded Loans $0 $11,566,110
Number of Refunded Loans 0 9,975

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 78.92%
Average Loan Size $100,000 $407
Average Individual Loan Size $100,000 $603
Average Group Loan Size $0 $1,964
Average number of borrowers per group 0 8.4
Average GDP per capita (PPP) in local country $1,200 $4,378
Average Loan Size / GDP per capita (PPP) 8,333.33% 9.31%
Average Time to Fund a Loan 11.98 days 9.19 days
Average Dollars Raised Per Day Per Loan $8,350.71 $44.31
  Average Loan Term 25 months 11.52 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,304,987
  Journaling Rate 0.00% 41.68%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.52

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 39.00% PY 28.52% PY
  Profitability (return on assets) N/A 2.5% -1.50%
  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:
$1,200
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

Lending Partner Staff

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