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 Vitalite Zambia's Mission Statement
To improve lives by making quality products, services, and renewable energy accessible for all underserved households in Zambia.
Repayment Performance on Kiva
This Lending Partner
All Kiva Partners
Start Date On Kiva
Nov 17, 2016
Oct 12, 2005
Total Loans
$350,000
$1,962,045,250
Amount of raised Inactive loans
$0
$898,755
Number of raised Inactive loans
0
437
Amount of Paying Back Loans
$200,000
$154,663,925
Number of Paying Back Loans
1
180,233
Amount of Ended Loans
$150,000
$1,775,886,350
Number of Ended Loans
2
2,382,964
Delinquency Rate
79.04%
11.48%
Amount in Arrears
$132,000
$10,646,073
Outstanding Portfolio
$163,916
$92,699,447
Number of Loans Delinquent
1
44,536
Default Rate
0.00%
1.82%
Amount of Ended Loans Defaulted
$0
$32,352,443
Number of Ended Loans Defaulted
0
84,926
Currency Exchange Loss Rate
0.00%
0.49%
Amount of Currency Exchange Loss
$0
$12,026,994
Refund Rate
0.00%
0.54%
Amount of Refunded Loans
$0
$10,526,300
Number of Refunded Loans
0
9,596
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)
Country Fast Facts
Country : Zambia
Capital : Lusaka
Official Language : Bembe 33.4%, Nyanja 14.7%, Tonga 11.4%, Lozi 5.5%, Chewa 4.5%, Nsenga 2.9%, Tumbuka 2.5%, Lunda 1.9%, Kaonde 1.8%, Lala 1.8%, Lamba 1.8%, English (official) 1.7%, Luvale 1.5%, Mambwe 1.3%, Namwanga 1.2%, Lenje 1.1%, Bisa 1%, other 9.2%, unspecified 0.4%
Population : 14,638,505
Avg Annual Income : $4,100
Labor Force : agriculture: 85%, industry: 6%, services: 9%
Population Below Poverty Line : 60.50%
Literacy Rate : 63.40%
Infant Mortality Rate (per 1000) : 66.62 deaths
Life Expectancy : 55.83 years