Kiva Field Partners Loan Data: 5/1/2007

[Guest]

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[RichardF]

I was curious to see how different Kiva Field Partners matched up in terms of the size of their loans relative to their country's economy.  My thinking was that the higher the percentage for the "ALS / GDP Capita," the greater the impact the loan most likely would have for the entrepreneur and the local economy.  I threw a few items into a spreadsheet and sorted the list by Average Loan Size per GDP Capita.  I know this is just a ballpark, but I thought it was interesting.  I thought others might find the results interesting too, so I posted the list here.

Kiva Field Partners Loan Data: 5/1/2007
Sorted by Average Loan Size per GDP Capita      

Field Partner	Country	GDP per capita	Avg Loan Size	Avg Length month	ALS / GDP Capita
HOPE DRC (L'Institution de HOPE RDC)	D. R. Congo	$119	$696	4.00	585%
Youth Self Employment Foundation	Tanzania	$600	$675	6.14	112%
Ebony Foundation (Eb-F)	Kenya	$1,000	$1,081	15.85	108%
The Shurush Initiative	Gaza	$600	$625	12.00	104%
Kisumu Medical & Education Trust (K-MET)	Kenya	$1,000	$940	12.00	94%
Share an Opportunity Microfinance Ltd.	Uganda	$1,400	$1,156	6.50	83%
Senegal Ecovillage Microfinance Fund	Senegal	$1,600	$1,024	10.08	64%
Urban Ministry Jos	Nigeria	$1,400	$833	12.00	60%
Women Initiative to Eradicate Poverty	Uganda	$1,400	$840	8.11	60%
Hluvuku-Adsema	Mozambique	$1,389	$804	12.13	58%
Microinvest	Moldova	$1,800	$1,047	11.00	58%
MLF MicroInvest-Tajikistan	Tajikistan	$1,300	$741	6.55	57%
Microfund Togo	Togo	$1,700	$862	12.16	51%
Rural Agency for Development (Rafode)	Kenya	$1,000	$509	11.05	51%
Afrique Emergence & Investissements	Cote D'Ivoire	$1,600	$725	12.00	45%
CREDIT MFI -- World Relief	Cambodia	$1,700	$707	14.22	42%
Women`s Economic Empowerment Consort	Kenya	$1,000	$417	10.14	42%
Village Enterprise Fund	Uganda	$1,400	$484	6.10	35%
People Microcredit Investment Bureau	Kenya	$1,000	$330	6.00	33%
Kraban Support Foundation (KSF)	Ghana	$2,643	$855	9.13	32%
Lift Above Poverty Organization (LAPO)	Nigeria	$1,400	$442	7.98	32%
SEED Development Group	Kenya	$1,000	$265	6.37	27%
Life in Africa Foundation (LiA)	Uganda	$1,400	$365	10.26	26%
Action Now: Kenya	Kenya	$1,000	$250	8.89	25%
Ariana Financial Services - Mercy Corps	Afghanistan	$1,310	$308	8.00	24%
GHAPE	Cameroon	$2,421	$563	17.70	23%
Komak Credit Union	Azerbaijan	$4,601	$1,019	13.21	22%
HELP Africa	Togo	$1,700	$350	9.20	21%
IMPRO	Bolivia	$2,817	$525	11.37	19%
MIFEX	Ecuador	$3,300	$594	6.95	18%
Mikrofond EAD	Bulgaria	$8,200	$1,493	13.47	18%
Norwegian Microcredit LLC (Normicro)	Azerbaijan	$4,601	$831	12.30	18%
Prisma Microfinance	Nicaragua	$2,200	$397	8.42	18%
Adelante Foundation	Honduras	$2,900	$500	6.00	17%
South Pacific Business Development	Samoa	$5,600	$866	13.69	15%
HOPE Intl- Nadiya Ukraine	Ukraine	$7,000	$969	6.20	14%
Esperanza International	Dominican Republic	$7,611	$951	6.32	12%
REDC Bulgaria	Bulgaria	$8,200	$1,020	14.22	12%
Fundación para la Vivienda Progresiva	Mexico	$10,000	$1,131	11.98	11%
Admic Nacional	Mexico	$10,000	$510	4.66	5%
Family Business Partners (MBK/Ganesha)	Indonesia	$4,458	$72	12.00	2%
Mekong Plus	Viet Nam	$3,025	$69	6.46	2%
Friendship Bridge	Guatemala	$4,155	$0	10.50	0%

[chris]

Good work, Richard! This is an intersting way to look at loan size.  I think the ALS/per capita GDP ratio is not only a rought measure of impact, but risk as well.  It's important to put into perspective the size of the loan to the borrower, and seeing that the average loan in Latin American is only 1/5 of the average annual income is comforting.  Also, the "big" loan amounts in Eastern Europe don't seem so big in relation.

[BenElberger]

Hey Guys,

Love this and we're certainly building out features on Kiva so that lenders can see this data in real time.

Wanted to give some context to some of the numbers as I think it helps to best understand how the partner works.  For HOPE-DRC, the organization generally posts up clients obtaining their 3rd, 4th, or 5th loan (after they have successfully repaid before) because these are the only loans that they do that are individual.  They are considering posting up group loans of their clients who borrow much less per client in the future.

The same set-up is similar for Share an Opportunity in Uganda.

Senegal Ecovillage Microfinance Fund and Urban Ministry generally post up group loans so the loan amount, per client, is much less.

Hope this helps to give even more flavor.  Thanks!

Ben
Kiva.org

[RichardF]

Hi Chris.  Thanks.    I thought about this as a risk measure too, but I didn't mention it because the repayment rate here is 100% and not much worse (about 97%) for microlending overall.  Another way to "personalize" these loans would be to compare them to your own country.  The median ALS / GDP Capita loan here is a little over 25%.  I don't know the GDP per capita for the USA, but I'll take a wild guess the "typical" loan would be like an American "entrepreneur" taking out a Kiva loan in the ballpark of $10,000 - $15,000.  That would be very comparable to many "small business" loans at Prosper.

Hi Ben.  Thanks for adding some tasty flavor!  I can't wait to see more tidbits.