KIVA

KIVA – Loan Justification Your Name: Olivia Short

Potential Recipient URL: http://www.kiva.org/lend/349239

Name: Battsengel Judger

Country: Mongolia

Type of Loan: $2,725 to build a clothes shop and buy clothes

Criteria

1. Risk

Borrower (Credit history/Personal character): Hard-working, diligent

Field Partner (Risk Rating, Delinquency Rate, Default Rate): Risk rating: 5 stars Delinquency rate: 0.05% Default rate: 0.10%

Country Risk (Economic, Political, Natural Disaster): Natural disasters: The only ones I can find after about 2002 is a "dzud" or "zud" which appears to be a nasty storm, wiping out livestock, in 2010. Economic situation: It appears there are strong efforts being made to improve the economic situation in Mongolia. Not sure of political situation in Mongolia.

2. Business Plan - [|Small Business Start Ups]

Potential for success: Appears to be high, as the borrower seems to be a very dedicated person. He has run multiple successful businesses.

Potential for sustainability: Seeing as the borrower is looking to "settle down," he is most likely in this for the long run. A clothing business seems like a solid way to make a living.

Potential for regional economic benefit: I don't know if this will necessarily affect others.

3. Borrower

Perceived level of need: Not super high, not super low.

Financial responsibilities/commitments of individual: Working wife and 2 school-age children. Multiple businesses. Would like a more convenient business.

4. Summary Battsengel seems like a hard-working man who deserves this chance to slow down, while still supporting his family. Him and his Field Partner seem trustworthy.

KIVA – Loan Justification Your Name: Olivia Short

Potential Recipient URL: http://www.kiva.org/lend/348640

Name: Hayat

Country: Lebanon

Type of Loan: $3,000 to complete payment on dream house

Criteria

1. Risk

Borrower (Credit history/Personal character): Hard-working, responsible, good reputation, caring.

Field Partner (Risk Rating, Delinquency Rate, Default Rate): Risk rating: 4 stars Delinquency rate: 0.43% Default rate: 0.00%

Country Risk (Economic, Political, Natural Disaster) Natural disasters: Minor and not often. Economic situation: Working hard to improve, doing well. Not sure of political situation.

2. Business Plan - [|Small Business Start Ups]

Potential for success: High.

Potential for sustainability: High until age becomes an issue.

Potential for regional economic benefit: Possible. Hayat works to have affordable prices.

3. Borrower

Perceived level of need: Somewhat high.

Financial responsibilities/commitments of individual: Aging husband. House to pay for. Tailoring business.

4. Summary

After working for many years to attain her dream house, Hayat is concerned that soon her and her husband will be too old to work, and could not continue to afford this house. They would like to be financially independent.