Comparative report | MIX Market

Compare KADET to all MFIs.

Create a customized performance report. All peer group indicators are median values. Graphs show values from the 25th and 75th percentiles, with median midpoint. Data source: Unadjusted.

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Country

Offices

Total assets

Personnel

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All
KADET

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
Currency	USD	USD
Total assets	8,729,778	5,379,046
Offices	9	8
Personnel	166	77

Deposits to total assets

Capital/asset ratio

Gross loan portfolio to total assets

Legend

All
KADET

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
Capital/asset ratio	34.15%	22.28%
Debt to equity ratio	1.93	3.14
Deposits to loans	59.87%	17.93%
Deposits to total assets	35.22%	12.36%
Gross loan portfolio to total assets	58.83%	78.38%

Average loan balance borrower per borrower / GNI per capita

Average deposit balance per depositor / GNI per capita

Percent of women borrowers

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All
KADET

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
Currency	USD	USD
Number of active borrowers	15,135	7,997
Percent of women borrowers	49.03%	60.46%
Number of outstanding loans	16,275	8,293
Gross loan portfolio	5,135,333	3,577,439
Average loan balance per borrower	339	592
Average loan balance borrower per borrower / GNI per capita	53.02%	35.69%
Average outstanding balance	316	571
Average outstanding balance / GNI per capita	49.30%	34.39%
Number of depositors	15,135	641
Number of deposit accounts	16,275	1,728
Deposits	3,074,661	364,182
Average deposit balance per depositor	203	168
Average deposit balance per depositor / GNI per capita	32.00%	15.00%
Average deposit account balance	189	157
Average deposit account balance / GNI per capita	0	0

Return on assets

Return on equity

Yield on gross portfolio (nominal)

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All
KADET

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
	USD	USD
Return on assets	-23.74%	2.10%
Return on equity	-64.28%	9.72%
Operational self sufficiency	63.67%	112.24%

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
	USD	USD
Financial revenue/ assets	24.28%	25.27%
Profit margin	-57.07%	11.03%
Yield on gross portfolio (nominal)	35.07%	30.77%
Yield on gross portfolio (real)	23.06%	22.69%

Borrowers per staff member

Financial revenue/ assets

Cost per borrower

Legend

All
KADET

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
	USD	USD
Total expense/ assets	38.14%	23.09%
Financial expense/ assets	2.33%	5.26%
Provision for loan impairment/ assets	5.19%	1.13%
Operating expense/ assets	30.62%	14.51%
Personnel expense/ assets	20.59%	8.07%
Administrative expense/ assets	10.03%	6.41%

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
	USD	USD
Operating expense/ loan portfolio	51.62%	19.22%
Personnel expense/ loan portfolio	34.72%	10.70%
Average salary/ GNI per capita	19.30	3.69
Cost per borrower	169	137
Cost per loan	164	134

Provision for loan impairment/ assets

Portfolio at risk > 30 days

Write-off ratio

Legend

All
KADET

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
Borrowers per staff member	91	98
Loans per staff member	98	102
Borrowers per loan officer	161	245
Loans per loan officer	173	252
Depositors per staff member	91	40
Deposit accounts per staff member	98	53
Personnel allocation ratio	56.63%	44.80%

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
	USD	USD
Portfolio at risk > 30 days	5.87%	3.57%
Portfolio at risk > 90 days	3.40%	2.00%
Write-off ratio	8.75%	0.36%
Loan loss rate	8.75%	0.20%
Risk coverage	225.80%	76.09%
Non-earning liquid assets as a % of total assets	10.77%	11.99%

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
Currency	USD	USD
Total assets	8,729,778	5,293,138
Cash and cash equivalents	939,793	721,678
Total trade and receivables	56,080	171,459
Financial assets at fair value	—	0
Financial assets available for sale	—	0
Other investments	—	0
Net loan portfolio	4,454,673	3,348,370
Gross loan portfolio	5,135,333	3,514,762
Impairment loss allowance	680,659	109,113
Unearned income and discount	—	0
Finance lease	—	0
Current tax assets	66,469	0
Deferred tax assets	—	0
Inventories	—	4,126
Intangible assets other than goodwill	7,896	16,574
Net fixed assets	232,603	188,490
Liabilities and equity	8,729,778	5,288,312
Total liabilities	5,748,863	3,666,852
Deposits	3,074,661	408,913
Total borrowings	2,477,876	1,396,991
Subordinated debt	—	0
Other short term financial liabilities	—	4,040
Trade and other payables	106,359	150,045
Provisions for employee benefits	89,967	20,617
Deferred revenue	—	4,052
Current tax liabilities	—	8,389
Deferred tax liabilities	—	0
Total equity	2,980,915	1,220,875
Paid in capital	234,866	434,291
Retained earnings total	—	141,526
Share premium	644,243	0
Treasury shares	—	0
Donated equity total	—	156,609
Equity reserves	2,101,806	90,962
Other equity interest	—	0

	KADET	All
Number of MFIs	1	451
As of date	2008-09-30	2008
Number of active borrowers	15,135	8,009
Number of outstanding loans	16,275	8,456
Number of depositors	15,135	1,070
Number of deposit accounts	16,275	2,060

	KADET	All
Number of MFIs	1	451
Start date	2007-10-01	2008
As of date	2008-09-30	2008
Currency	USD	USD
Operating income	2,316,080	1,255,526
Interest and fee income	2,235,480	1,187,056
Revenue from interest	1,900,927	1,056,911
Interest income from loans	1,649,154	1,006,275
Financial revenue from investments	251,773	13,077
Other interest income	—	1,649
Fee and commission income	334,553	95,482
Fee income from loans	334,553	58,055
Income from penalty fees	—	0
Fee and commission income from other financial services	—	0
Other fee and commission income	—	2
Other operating income	67,001	10,904
Gains (losses) on exchange differences on translation recognised in profit or loss	—	0
Gains (losses) on disposals of property, plant and equipment	13,598	0
Gains (losses) on financial assets	—	—
Gains (losses) on financial liabilities at fair value through profit or loss	—	0
Gains (losses) on held-to-maturity investments	—	0
Gains (losses) on loans and receivables	—	0
Gains (losses) on available-for-sale financial assets	—	0
Gains (losses) on financial liabilities at amortised cost	—	0
Gains (losses) on net monetary position	—	0
Financial expense	222,392	240,482
Interest and fee expense	222,392	261,393
Interest expense	222,392	250,036
Interest expense on borrowings	222,392	143,038
Interest expense on deposits	—	19,270
Interest expense on subordinated debt	—	0
Fee expense	—	984
Fee and commission expense on deposits	—	0
Fee and commission expense on borrowings	—	0
Other fee and commission expense	—	67
Other financial expense	—	0
Net impairment loss, gross loan portfolio	495,095	52,097
Impairment loss (reversal of impairment loss), gross loan portfolio	495,095	67,068
Recovery loan losses	—	1,857
Operating expense	2,920,304	858,343
Personnel expense	1,963,881	481,282
Depreciation expense	102,919	34,136
Administrative expense	853,504	337,503
Net operating income	-1,321,710	82,657
Non operating income net	—	0
Net income before taxes and donations	-1,321,710	87,247
Tax expense	942,826	3,988
Net income after taxes before donations	-2,264,536	73,372
Donations	1,361,742	2,252
Net income after taxes and donations	-902,794	107,069

	KADET	All
Number of MFIs	1	451
Start date	2007-10-01	2008
As of date	2008-09-30	2008
Currency	USD	USD
Impairment loss (reversal of impairment loss), gross loan portfolio	495,095	68,757
Impairment loss recognised	495,095	72,579
Reversal of impairment loss	—	0
Other movements on impairment loss allowance	—	0
Exchange differences on impairment loss	—	0
Write offs	495,095	11,444

MIX Market

KADET4Kenya Agency to Development of Enterprise and Technology

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2. Choose display options

Offices

Total assets

Personnel

Legend

Deposits to total assets

Capital/asset ratio

Gross loan portfolio to total assets

Legend

Average loan balance borrower per borrower / GNI per capita

Average deposit balance per depositor / GNI per capita

Percent of women borrowers

Legend

Return on assets

Return on equity

Yield on gross portfolio (nominal)

Legend

Borrowers per staff member

Financial revenue/ assets

Cost per borrower

Legend

Provision for loan impairment/ assets

Portfolio at risk > 30 days

Write-off ratio

Legend