Roughly 96% of the loans I have made on Kiva have now been closed, partly as a result of having been on Kiva for some years now. I have been doing some portfolio reviews and have noticed some interesting things, so I'll post them here. If you are interested I have many more. Of 1948 loans I made to the Philippines only 5 are delinquent, and only 3 have had losses. That is astounding! It is a huge tribute IMHO, to the excellence of the microfinance community there and the borrowers. Negros Women for Tomorrow account for 1500 of those loans and one loss. At the other extreme the US has a 27% delinquency rate, but there are too few loans and maturities to accurately count losses. Kenya has a 6% delinquency rate, not surprising but here is teh single most surprising one so far: Cambodia has only one single delinquent loan and no losses out of 169 loans made there. I have been very critical of Cambodian micro-lending practices, but largely supportive of Kiva there. I was astonished to find how good my own experience has been there. I have made a total of roughly 19,000 loans on Kiva, between my personal account and several others that I manage. During the coming months I'll keep completing more such statistics. As my portfolio has declined the overall delinquency rate has gone up reflecting the inevitable progression of a liquidating portfolio.