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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)
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)
Hattha Kaksekar – Cambodia, Thailand – 27.3% (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)
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

 

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Team Activity

Impact   Updated Hourly

52
Team Members
$223,075
Amount Funded
4,297
Loans
82.6
Loans per member