Kiva+Applications

KIVA – Loan Justification Your Name:

Potential Recipient URL: [] Name:Shake Nurijanyan Country:Armenia Type of Loan: Retail

Criteria

1. Risk

Borrower (Credit history/Personal character):

Field Partner (Risk Rating, Delinquency Rate, Default Rate): This field partner has no deliquency rate and no loan at risk rate. They are very reliable and have so far lent $888,150. Although they only have three stars they get the money back to the lenders, making them reliable.

Country Risk (Economic, Political, Natural Disaster)

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

Potential for success: I think this business plan is a good one because it has already been working for years. Many people rely on her, and if she went out of business they wouldn't have somebody to buy food from.

Potential for sustainability: I think this business will last for years to come because it is a family business, so one of her 3 children will msot likely inherit the business.

Potential for regional economic benefit: This will benefit her community and those around her because she provides for them. Without her they would have to look elsewhere for food and water.

3. Borrower

Perceived level of need: i don't think she has the highest need, as she already has a steady income, but it will be easier for her to make money if she has the foods that are in season. If she can't order turkeys and candy canes and such her costumers will lose faith in her ability to provide what they need, making them search elsewhere and leaving her to go out of business.

Financial responsibilities/commitments of individual: Shake has a husband who helps with the store and 3 children, who all need to go to school. That means this business is supporting five people in total, plus grandparents, aunts and uncles.

4. Summary I think shake is a good choice because it will be easy for her to pay back, as with our money she will be making profit off of what she buys and sells. She does not have too many financial responsibilities, making it easier for her to pay us back.

KIVA – Loan Justification Your Name:

Potential Recipient URL: [] Name:Bat-Orgil Dorj Country:Mongolia Type of Loan:Transportation

Criteria

1. Risk

Borrower (Credit history/Personal character): They do not mention much about this man's personality, but being a taxi driver you need to be able to put up with people and willing to take the risk to do what mothers always say not to do: don't let a stranger into your car.

Field Partner (Risk Rating, Delinquency Rate, Default Rate): Their field partner has no deliquency, no loan at risk rate

Country Risk (Economic, Political, Natural Disaster) Mongolia makes most of it's money from mining and agriculture, so it is nice and steady as long as their aren't too many natural disasters. It is land locked, so it isn't at risk from tsunami's, although it may suffer from droughts it is unlikely.

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

Potential for success: He already had his business as a taxi driver, and it proved successful. He needs the money to finish paying off a new car, which will help him to get more customers.

Potential for sustainability: It should stay a stable business, because people will always want to go somewhere. Since much of the money made in Mongolia is from farms and mines it is difficult for people to get to where they need to be. This means that they will need somebody to take them there it thye don't own their own car.

Potential for regional economic benefit: This would help the people around him because a new car means less fumes put into the environment and there is less of a chance that the car breaks down. By making sure that the vehicle doesn't break down he can deliver others safely to their jobs, and people need the other jobs.

3. Borrower

Perceived level of need: I think he needs this money because it's difficult to make money in a taxi business without a car. His family depends on his being able to drive others around. He needs help to pay off his loan, which should be easy with our help.

Financial responsibilities/commitments of individual: This man is responsible for his wife and children, one of which will be released from the army next year. He needs to be able to feed these other people, and when his son comes back it will be difficult for him to readjust to not being in war.

4. Summary I think we should sponsor this person because it will be easy to repay the money once he has used it, plus it will benefit those around him. Without this money he won't be able to pay off his car, making that loan even greater.