KIVA

KIVA – Loan Justification Your Name: Ray Wu

Potential Recipient URL: [|__http://www.kiva.org/lend/348674__] Name: David Nguyai Njoroge Country: Kenya Type of Loan: Agriculture | Farming

Criteria

1. Risk

 Borrower (Credit history/Personal character): Has borrowed before from KIVA, returned the money without delay.

 Field Partner (Risk Rating, Delinquency Rate, Default Rate): rating: 3.5/5, Delinquency Rate: 2.79% Default Rate: 0%

 Country Risk (Economic, Political, Natural Disaster) The country is perceived as eastern and central Africa's hub for financial, communication and transportation services. Politically, Kenya is a relatively safe country. Some natural disasters happen in Kenya.


 * No of events: || 79 ||
 * No of people killed: || 6,066 ||
 * <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Average killed per year: || <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">196 ||
 * <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">No of people affected: || <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">48,004,436 ||
 * <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Average affected per year: || <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">1,548,530 ||
 * <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Ecomomic Damage (US$ X 1,000): || <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">112,338 ||
 * <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Ecomomic Damage per year (US$ X 1,000): || <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">3,624 ||

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">2. Business Plan - <span style="background-color: transparent; color: #000099; font-family: Arial; font-size: 18.3333px; vertical-align: baseline;">[|__Small Business Start Ups__]

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Potential for success: normal, some natural disasters occur in Kenya.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Potential for sustainability: high, he will buy feed and seedlings. It can be inferred that he lost the year’s crops, because otherwise he would have seeds. This will be a one - time loan.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Potential for regional economic benefit: minimal. At most, his living quality improving will induce others to work harder.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">3. Borrower

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Perceived level of need: normal, because he is already stable financially.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Financial responsibilities/commitments of individual:

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">He cares for his family.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">4. Summary

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Although the risk of natural disaster is high, that is merely a clear demonstration that they need the loan. The risk is worth it because he has paid off his previous debt, which is good evidence that he will pay back the money, even if he encounters a natural disaster.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">KIVA – Loan Justification Your Name: Ray Wu

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Potential Recipient URL: <span style="background-color: transparent; color: #000099; font-family: Arial; font-size: 18.3333px; vertical-align: baseline;">[|__http://www.kiva.org/lend/348648__] <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Name: Ali <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Country: Lebanon <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Type of Loan: Food | Grocery Store

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Criteria

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">1. Risk

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Borrower (Credit history/Personal character): <span style="background-color: transparent; color: #333333; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">He is a hard worker. He has been an Al Majmoua borrower for three years with a good standing history and his previous loans helped a lot in expanding and improving his business. Ali is requesting a loan from Al Majmoua, in order to expand his shop with a special brick tent with glass windows to widen the space and to increase the quantity of products he is purchasing. This will help to increase his income.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Field Partner (Risk Rating, Delinquency Rate, Default Rate): Risk: 4/5 Delinquency Rate: 0.70% Default Rate: 0.00%

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Country Risk (Economic, Political, Natural Disaster) <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Lebanon's economy and markets are best described as a developing.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Lebanon is a republic. The country is on the edge of a cliff. War may break out with no warning. People there need assurance and protection.

<span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Natural Disasters <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">No of events: 6 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">No of people killed: 46 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Average killed per year: 1 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">No of people affected: 123,090 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Average affected per year: 3,971 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Economic Damage (US$ X 1,000): 165,000 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Economic Damage per year (US$ X 1,000): 5,323

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Average Disaster per year <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Drought: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Earthquake: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Epidemic: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Extreme temp: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Flood: 0.06 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Insect infestation: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Mass movement dry: 0.03 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Mass movement wet: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Volcano: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Storm: 0.06 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Wildfire: 0.03 <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Cost From Natural Disasters <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Drought: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Earthquake: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Epidemic: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Extreme temp: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Flood: 5,000.00 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Insect infestation: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Mass movement dry: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Mass movement wet: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Volcano: effectively 0 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Storm: 77,500.00 <span style="background-color: transparent; color: #444444; font-family: Verdana; font-size: 13.3333px; text-decoration: none; vertical-align: baseline;">Wildfire: effectively 0

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Lebanon is reasonably safe, as shown.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">2. Business Plan - <span style="background-color: transparent; color: #000099; font-family: Arial; font-size: 18.3333px; vertical-align: baseline;">[|__Small Business Start Ups__]

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Potential for success: High, because it is already running, he is just expanding.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Potential for sustainability: High, because he is buying something that would last for a long time, not supplies that would run out in a few days.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Potential for regional economic benefit: High, because he tries hard to keep supplies in stock.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">3. Borrower

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;"> Perceived level of need: normal, because the brick tent is not a necessary item to have to start a grocery store, but it is a nice addition.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">Financial responsibilities/commitments of individual: His responsibility is to care for his family.

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">4. Summary <span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 18.3333px; text-decoration: none; vertical-align: baseline;">I think that this person really deserves a donation, because he will expand his business which will be beneficial to others. If his business can be expanded, it will only help him repay the loan faster. If we help this person, who is clearly somewhat influential, we can help a lot others too (his customers)