KIVA

KIVA – Loan Justification Your Name: Emily Groseth

Potential Recipient URL: [] Name: Peris Mwango Country: Kenya Type of Loan: Agriculture/Farming

Criteria

1. Risk

Borrower (Credit history/Personal character): -Has a good credit history with KADET LTD (field partner) and is applying for third loan. -Is a hardworking and business-oriented woman.

Field Partner (Risk Rating, Delinquency Rate, Default Rate): 4.5/5 stars, low risk, Delinquency Rate: 2.78%, Default Rate: 0.00%

Country Risk (Economic, Political, Natural Disaster): -Very poor country -Some political corruption

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

Potential for success: High potential for success as she is providing shelter and food, since she runs a posho mill, raises cattle and rents out houses. Shelter and food are much needed by the people.

Potential for sustainability: I would say the potential for sustainability is also high, because Peris seems to have put her past loans to good use and runs three businesses. She is clearly a very good business woman who fully understands how to run and sustain a business. Since the things she provides with her businesses are much needed, the demand for them is probably high.

Potential for regional economic benefit: I think that this business would stimulate the economy as people would be paying rent to live in the rental houses and also pay for food and milk.

3. Borrower

Perceived level of need: Most likely moderate to high need as Kenya is a fairly poor country.

Financial responsibilities/commitments of individual: Peris is very financially responsible as she has already paid off two past loans and this is her third application.

4. Summary Peris Mwango is a 60 year old widow with two children who are now both married. She has an income of KES 25,500 per month from her three businesses, a posho mill, rental housing and farming. She has sustained these businesses for the last five years. The loan risk is low and Peris is providing much needed food and shelter for the community.

KIVA – Loan Justification Your Name: Emily Groseth

Potential Recipient URL: [] Name: Hellen Tetu Country: Kenya Type of Loan: Agriculture/Livestock

Criteria

1. Risk

Borrower (Credit history/Personal character): -Has good credit history and is applying for third loan from KADET LTD. (field partner) -She is hardworking

Field Partner (Risk Rating, Delinquency Rate, Default Rate): 4.5/5 stars, low risk, Delinquency Rate: 2.78%, Default Rate: 0.00%

Country Risk (Economic, Political, Natural Disaster): -Very poor country -Some political corruption

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

Potential for success: The potential for success of this business is probably fairly good as she sells livestock which will provide food and perhaps some other necessities for the people of her community.

Potential for sustainability: I think this business should prove to be sustainable because Hellen has already sustained it for five years and the demand for livestock for food or other materials is most likely high. Hellen Tetu plans to buy more livestock and use the expected profit expand her business and become a K.M.C meat supplier within the next two years.

Potential for regional economic benefit: The potential for economic growth is probably good as her sales stimulate the economy of her local area.

3. Borrower

Perceived level of need: Most likely moderate to high as Kenya does not have a strong economy.

Financial responsibilities/commitments of individual: I believe that Hellen is quite financially responsible as she has paid of two loans already. She supports the financial needs of her family.

4. Summary Hellen Tetu is 31 years old, married and has two children. She sells livestock in the area of the Mlolongo Kitengela slaughter house, Kajiando and other surrounding markets and earns 10,000 Kenyan shillings (KES) per month. Hellen has sustained her business for five years and hopes to use the loan to buy more livestock and use the profit from this to further expand her business and become a K.M.C meat supplier within the next 2 years. Hellen has a very good credit history and has paid back two loans already. The country does not present any serious risks and the field partner is reliable. The risk of this loan is low and Hellen is benefiting the community by providing livestock for food or other purposes.