Click to enlarge

We loan because...
We want to change the World without predatory practices. We believe microloan interests should be as low as possible: 30% (PY/APR) Maximum. We are the only team we are aware that has this cap.

About us
The team members should be united by our pledge “Not lending through Kiva Partners that charge more than 30% PY/APR for servicing a loan.”

If Kiva Partner, Palestine for Credit & Development (FATEN) can charge 17% PY/APR for their loans and still be sustainable, there is no reason why a For Profit Non Regulated institutions like Kiva Partner Credituyo should charge 85.9% PY/APR in Mexico. Do you know how high the PY/APR is for the loans you participate?

Team was founded in 2011. Recently (2018) we have noted that Kiva added filters that help you lower this interest rates, in some cases to 0% as well as the default rate. We have seen a troubling spike on defaults and delinquencies.
The bad news is that the filters are hidden. To find them:
1-Click in "Lend"
2-Click in "View all Loans"
3-Click in "filters", one click will hide or show the filters, be careful no to hide them,
4-Scroll all the way down...

... and you will find at the end, the most important information:
Delinquency rate
Default rate
Average cost to borrower

Currently more than 70% of all the loans in Kiva have interest rates higher than 30%.

"Once you know, you cannot act the same."

These are some Kiva Partners Average Cost to Borrower (formerly obscured by the term "PY" "Portafolio Yield" aka INTEREST):

BRAC South Sudan – South Sudan – 88.0% (2012) [Not A Kiva Partner as 10/2017]
Credituyo – Mexico – 85.9% (2012) [Not A Kiva Partner as 10/2017]
Advans Ghana - Ghana - 78% (11/2018)
Microhub Financial Services (Pvt) Ltd - Zimbabwe - 74% (11/2018)
CrediComun – Mexico – 73.9% (2012) [Not A Kiva Partner as 10/2017]
Turame Community Finance – Burundi – 71.3% (2012) [Not A Kiva Partner as 10/2017]
Tujijenge Tanzania - Tanzania - 66% (11/2018)
Sinapa Aba Trust – Ghana – 62.6% (2012) [Not A Kiva Partner as 10/2017]
Fund for Thanh Hoa Poor Women – Viet Nam – 62.0% (2012)
Tujijenge Tanzania – Tanzania – 61.8% (2012)
FINCA Peru – Peru – 57.8% (2012)
Hekima – Democratic Republic of the Congo – 57.8% (2012)
MLO Humo – Tajikistan – 57.2% (2012)
ADIM – Nicaragua – 56.5% (2012)
Pearl Microfinance Limited – Uganda – 54.8% (2012)
VisionFund Mexico - Mexico - 54.34% (3/2013)
Center for Community Transformation Credit Cooperative (CCT Credit Cooperative) – Philippines – 54.0% (11/2018) [62.0% on 2012]
SMT – Sierra Leone – 54.0% (2012)
FRAC – Mexico – 53.8% (2012)
FAPE – Guatemala – 53.6% (2012)
HOPE Ukraine/Nadiya – Ukraine – 52.4% (2012)
Tanaoba Lais Manekat Foundation – Indonesia – 50.3% (2012)
Alalay sa Kaunlaran – Philippines – 50.2% (2012)
CEVI – Philippines – 49.3% (2012)
SPBD – Samoa – 49.0% (2012)
Hluvuku-Adsema – Mozambique – 49.0% (2012)
ARD – Sierra Leone – 48.2% (2012)
Vision Finance Company – Rwanda – 48.1% (2012)
MCC Mol Bulak Finance – Kyrgyzstan – 47.3% (2012)
HOFOKAM – Uganda – 47.3% (2012)
Koperasi Mitra Usaha Kecil – Indonesia – 47.0% (2012)
Prisma Honduras, S.A. – Honduras – 46.6% (2012)
EDAPROSPO – Peru – 45.1% (2012)
One Acre Fund-Kenya-45%-(5/2015)
Paglaum Multi-Purpose Cooperative – Philippines – 44.6% (2012)
Emprender – Bolivia – 43.6% (2012)
Edcpyme Alternativa – Peru – 43.5% (2012)
Manuela Ramos – Peru – 42.4% (2012)
Fundación Paraguaya – Paraguay – 40% (11/2018) [42% on 10/2017]
Esperanza International Dominican Republic – Dominican Republic, Haiti – 41% (4/2017)
ASHI – Philippines – 40.8% (2012)
BRAC Uganda – Uganda – 39.0% (2012)
IMON International – Tajikistan – 37.8% (2012)
Negros Women for Tomorrow Foundation – Philippines – 37.1% (2012)
PADECOMSM – El Salvador – 36.6% (2012)
Microfinanzas Prisma – Peru – 36.4% (2012)
Hagdan sa Pag-usag Foundation – Philippines – 35.5% (2012)
Alivio Capital - Mexico - 35% (10/2016)
ASDIR - Nicaragua - 35% (10/2016) (Team members experience at least one loan default)
Fondo Esperanza – Chile – 34.8% (2012)
Asociación Arariwa – Peru – 34.5% (2012)
Asasah – Pakistan – 34.1% (2012)
Al Majmoua – Lebanon – 33.8% (2012)
Christian Rural Aid Network – Ghana – 33.6% (2012)
Urwego Opportunity Bank – Rwanda – 33% (10/2017) [it was 62.6% on 2012]
YOSEFO – Tanzania – 31.8% (2012)
Amasezerano Community Banking – Rwanda – 31.1% (2012)
Fundación Leon 2000 – Nicaragua – 30.9% (2012)
Yehu Microfinance Trust – Kenya – 30.6% (2012)
Faulu Kenya – Kenya – 30.3% (2012)
Agroinvest Credit Union – Azerbaijan – 30.1% (2012)
SMEP Deposit Taking Microfinance – Kenya – 29.5% (2012)
Pro Mujer Bolivia – Bolivia – 29.4% (2012)
Apoyo Integral – El Salvador – 29.0% (2012)
MAXIMA Mikroheranhvatho – Cambodia – 29.0% (2012)
CrediCampo - El Slavador - 29% (2020)
Credit Mongol – Mongolia – 29.0% (2012)
Alidé – Benin – 28.9% (2012)
Gata Daku Multi-purpose Cooperative – Philippines – 28.5% (2012)
CEPRODEL – Nicaragua – 28.5% (2012)
PADECOMSM-El Slavador-28% (5/2015)
CREDIT – Cambodia – 28.0% (2012)
CHF International Access to Credit Services – Iraq – 27.9% (2012)
Banco D-MIRO S.A. – Ecuador – 27.4% (2012)
Kenya Agency for Development of Enterprise and Technology – Kenya – 27.1% (2012)
Asociación ASDIR – Guatemala – 28% (9/2015) [Team members experience at least one loan default]
SEDA – Viet Nam – 24.3% (2012)
TYM Fund – Viet Nam – 23.9% (2012)
GHAPE – Cameroon – 22.1% (2012)
Xac Bank – Mongolia – 21.9% (2012)
FUDESCOSUR – Costa Rica – 21.83% (3/2013)
UIMCEC – Senegal – 21.8% (2012)
Soro Yiriwaso – Mali – 20.8% (2012)
Juhudi Kilimo – Kenya – 20.8% (2012)
WAGES – Togo – 20.7% (2012)
Accion USA – United States – 20.4% (2012)
Fundación ESPOIR – Ecuador – 20.2% (2012)
Hattha Kaksekar Limited (HKL) – Cambodia, Thailand – 20% (1/2019)
TECNOSOL - Nicaragua - 20% (10/2017)
Nor Horizon – Armenia-19% (4/2017) [Team members experience at least one loan default]
Ameen s.a.l. – Lebanon – 18.7% (2012)
FMSD – Colombia – 17.7% (2012)
CAURIE – Senegal – 17.5% (2012)
Ryada – Palestine – 17.1% (2012)
CIDRE – Bolivia – 17.1% (2012)
EDESA – Costa Rica – 17% (4/2017)
FATEN – Palestine – 17% (10/2017) (Team members experience at least one delincuency)
LiftFund-USA-17%-(9/2015) (Team members experience at least one loan default)
IMPRO – Bolivia – 19% (4/2017)
Cooperative San Jose – Ecuador – 16% (4/2017)
Komak Credit Union – Azerbaijan – 14% (4/2017) (Team members experience at least one loan default)
AFODENIC – Nicaragua – 13% (10/2016) (Team members experience at least one loan default)
African Entrepreneur Collective (AEC) – 9% (10/2017)
FUNDAPEC - Dominican Republic - 5% (5/2017)
Ejido Verde Reserves - Mexico - 0% (11/2018)

Location: New York, NY       Team website

 

Latest Messages  

22 messages. Join the team to get in on the action!

Team Activity

  • Mirzorakhim
    Tajikistan
    Mirzorakhim received a loan from bluwey8 to pay his recovery medical expenses in the hospital.
    bluwey8
  • Bahaa
    Palestine
    Bahaa received a loan from bluwey8 to pay his medical expenses.
    bluwey8
  • Khayomuddin
    Tajikistan
    Khayomuddin received a loan from bluwey8 to pay for his tuition at the university, so he can get a proper education and become a highly qualified teacher in the future.
    bluwey8
  • Ana Maria
    Ecuador
    Ana Maria received a loan from Chandra to buy cleaning products such as paper, shampoo, liquid soap, cotton, toilet paper, etc.
    Chandra
  • Esnas
    Kenya
    Esnas received a loan from Itamar to buy a solar powered television.
    Itamar
  • Jorge
    Honduras
    Jorge received a loan from Itamar to buy a solar-powered refrigeration system for a small grocery store.
    Itamar
  • Geniza
    Philippines
    Geniza received a loan from Teresa to purchase fishing materials like new fish nets, gasoline for her boat, rope, and other materials needed for her business.
    Teresa
  • Tomas
    Paraguay
    Tomas received a loan from Teresa to buy mixers, shovels, cutting wheels and other tools.
    Teresa
  • Maria Jose
    Ecuador
    Maria Jose received a loan from Teresa to purchase lipstick, powders, and other cosmetics, as well as other products.
    Teresa
  • Ernest
    Kenya
    Ernest received a loan from Teresa to access premium seeds and high quality fertilizer for 0.5 acres of maize, in addition to advice and insurance, optimizing for increased productivity and profits.
    Teresa
  • Cristina
    Timor-Leste
    Cristina received a loan from WHASP to buy additional supplies such as biscuits, noodles, sugar and coffee to sell at her store.
    WHASP

Impact   Updated Hourly

71
Team Members
$252,200
Amount Funded
4,340
Loans
61.1
Loans per member