KIVA

__KIVA – Loan Justification #1__ __Your Name: Austin Darling__

Potential Recipient URL: []

Name: Kidemi Nkamisiai

Country: Kenya

Type of Loan: Agriculture

__Criteria__ __1. Risk__

Borrower (Credit history/Personal character): Kidemi is a 34 year old man that is married and has three children. All three of his children go to school. Kidemi is a pig and wheat farmer.

Field Partner (Risk Rating, Delinquency Rate, Default Rate): His field partner risk rating is at 3 and a half star out of 5. His delinquency rate is 2.79% and his default rate is 0%.

Country Risk (Economic, Political, Natural Disaster): Kenya uses Kenya Shillings as money (KES). 1 USD = 102.2387 KES. Kenya is a tropical forest. It is hot year-round and occasionally has very hard rain periods. The pouring rain maybe a problem to Kidemi's wheat farms.

__2. Business Plan - Small Business Start Ups__

Potential for success: I think Kidemi will be successful because he already has a decent amount of money to pay for his kids education. If Kidemi could get the money loan he would maybe build a greenhouse for his wheat farm.

Potential for sustainability: I think that Kidemi's wheat farms are vulnerable for disaster because he has no protection over his wheat farm. One day there could be a massive rain storm and kill ALL of his wheat which would be very bad. His pigs will not be very badly effected by a massive rain storm though.

Potential for regional economic benefit: If Kenya could have a good well developed wheat and pig farm it would be a huge benefit. Everyone could go to him to get wheat and pigs because it would be a safe place because if he gets enough money he could keep improving on it.

__3. Borrower__

Perceived level of need: Kidemi needs this money, but it doesn't seem to be a desperate need. If he could get some extra money he could run an ever more successful business and make lots of money.

Financial responsibilities/commitments of individual: Kidemi will need to be passionate about his farming because if he is careless about it for a week or so all of his crops could just die.

__4. Summary__

Kidemi needs this money to help is farming. He does mixed farming such as sheep, pig, etc. and wheat farming. He does many different kinds of farms and he needs money to support them all. Kidemi has a wife and three kids he has to feed and support. He currently also has loans from the Kenya Agency for the Development of Enterprise and Technology (KADET). KADET is another bank business that lends out loans to people in Kenya in need of it. It would be a great help to Kidemi and his family to loan him some money.

__KIVA – Loan Justification #2__ __Your Name: Austin Darling__

Potential Recipient URL: []

Name: Battsengel Jugder

Country: Mongolia

Type of Loan: Clothing Sales

__Criteria__ __1. Risk__

Borrower (Credit history/Personal character): Battsengel is 46 years old and has two children and a wife. He sells clothing and has his own personal taxi service. He uses his car as a taxi.

Field Partner (Risk Rating, Delinquency Rate, Default Rate): His field partner risk rating is 5 out of 5 stars. His delinquency rate is 0.05% and his default rate is 0.1%.

Country Risk (Economic, Political, Natural Disaster) The exchange rate for Mongolia Tugriks (MNT) is 1,286.0017 MNT = 1 USD. Mongolia is sunny almost year-round. Mongolia does have wind storms and floods, but they wouldn't effect Battsengel's clothing business that much.

__2. Business Plan - Small Business Start Ups__

Potential for success: I think Battsengel would be very successful because with some more money he could actually build a store to sell his clothes. He could also maybe find some upgrades to make faster clothing or for his taxi business.

Potential for sustainability: If Battsengel can get the money to build his own clothing store I think it would be very successful because he would become a well-known, nice clothing store.

Potential for regional economic benefit: It would help the town that Battsengel lives in because there probably aren't very many nice clothing stores in his town because it isn't a very common profession. Most people probably look towards making farm and it would help greatly to have a clothing store nearby.

__3. Borrower__

Perceived level of need: Battsengel's level of need for this loan in my opinion is a little desperate. It is very difficult for him to sell his clothing because nobody really knows to go to his house and get clothing. If he can build a store it would be a more popular place to get clothing from.

Financial responsibilities/commitments of individual: Battsengel will need to work at his shop almost everyday so that he can sell the clothing. If he doesn't really care for his store and leaves it closed a lot he obviously won't get much profit.

__4. Summary__

Battsengel is an older man and needs money to build a clothing store and to help upgrade his taxi service. He decided to start making and selling clothing in 1999. He needs $2,725 USD to build his store. Battsengel is a dilligent, hard-working man who really is passionate to help his family out. He can afford to take his kids to school, but it would help to have some more money. Battsengel has used loans from XacBank in Mongolia. It would be a pleasure for our class to help Battsengel be an even more successful man.