Kiva

KIVA – Loan Justification Your Name: Myron Lam

Potential Recipient URL: [|__http://www.kiva.org/lend/346740__] Name: Phillip Lenjir Country: Kenya Type of Loan: Agriculture Criteria

1. Risk

Borrower (Credit history/Personal character): 2 previous loans

Field Partner (Risk Rating, Delinquency Rate, Default Rate): 3 and a half stars, 2.78% delinquency rate, 0% default rate.

Country Risk (Economic, Political, Natural Disaster) None

2. Business Plan - [|__Small Business Start Ups__]

 Potential for success: Medium-high- Farming is nice and steady, but sometimes there are defective plants, or just bad weather.

Potential for sustainability: High- He buys seeds and grows them. Once he has money from selling his plants, he buys more.

Potential for regional economic benefit: High- Provides more food, which would lessen the price on foods a bit due to competition.

3. Borrower

Perceived level of need: ⅘ to help his wife

Financial responsibilities/commitments of individual: Married

4. Summary He should get the funds because his farming would help the society a lot because farm provides a lot of food for everyone. Also, he has a good chance of succeeding and he needs to support his wife.

Potential Recipient URL: [|__http://www.kiva.org/lend/348054__] Name: Charles Orwaru Country: Kenya Type of Loan: Agriculture Criteria

1. Risk

Borrower (Credit history/Personal character): 1 previous loan

Field Partner (Risk Rating, Delinquency Rate, Default Rate): 3 stars, 2.64% delinquency rate, 0% default rate

Country Risk (Economic, Political, Natural Disaster) None

2. Business Plan - [|__Small Business Start Ups__]

 Potential for success: High- It’s a steady job which would eventually, if not instantly, get milk, which you then could sell for money.

Potential for sustainability: High- Cows can live for a very long time if treated well. Also, cows can give birth to other cows.

Potential for regional economic benefit: High- Supplies more food, which would make the economics better due to competition on selling foods, which would make food a bit cheaper.

3. Borrower

Perceived level of need: ⅘ to help his familly

Financial responsibilities/commitments of individual: His familly

4. Summary He should get the funds because he is helping his familly as much as he can. Plus it would help supply more food for his community, which the community needs a lot. Also, it’s a good and steady way of gaining money.