KIVA

KIVA – Loan Justification Your Name: Catherine Potential Recipient URL: http://www.kiva.org/lend/351088

Name: Marco Antonio

Country: Ecuador

Type of Loan: Retail Criteria 1. Risk Borrower (Credit history/Personal character): Marco describes himself as a hard-working and honest person. He is married, has three children, and lives with his family.

Field Partner (Risk Rating, Delinquency Rate, Default Rate): Delinquency Rate: 0.00% Loans at Risk Rate: 0.00% Default Rate: 0.00%

Country Risk (Economic, Political, Natural Disaster) Ecuador experiences frequent earthquakes; landslides; volcanic activity; floods and droughts. However, Marco lives in a place which is rarely affected by natural disasters. Ecuador is not a rich country but they are working to improve their economy.

2. Business Plan - Small Business Start Ups Potential for success: Very high, Marco knows for sure that there are people who want certain foods and knows how to get them if he has money. Potential for sustainability: Also high because Marco has been working in a shop his whole life so he knows how to work hard. Potential for regional economic benefit: Not high.

3. Borrower Perceived level of need: He needs this money so he can stalk his store and earn money. He is struggling with finance so this money would help him out a lot.

Financial responsibilities/commitments of individual: He lives with his wife and three kids and must support them all with one store.

4. Summary Marco is hard working and not dying of poverty but still in need of help. Him and his family would really appreciate the support.

Potential Recipient URL: http://www.kiva.org/lend/347826

Name: Bunly Hun

Country: Cambodia

Type of Loan: Agriculture Criteria 1. Risk Borrower (Credit history/Personal character): Bunly owes money to no one and is a very kind person. He always does his best and is a very hard worker.

Field Partner (Risk Rating, Delinquency Rate, Default Rate):

Delinquency Rate: 0.06% Loans at Risk Rate: 0.17% Default Rate: 0.02%

Country Risk (Economic, Political, Natural Disaster) Although Cambodia has a lower economy than its surrounding neighbours, it has been improving throughout the past decade. Cambodia is extremely prone to natural disasters but I think that could be seen as even more of a reason to give money because if you donate now and Bunly does well in business, then next year if there is a disaster Bunly will have the resources to prepare for it.

2. Business Plan - Small Business Start Ups Potential for success: Very high Potential for sustainability: Not high; Bunly is only looking to make some money off cows not make a business for them. Potential for regional economic benefit: Lots of potential for other people to benefit, Bunly would provide food for people.

3. Borrower Perceived level of need: Bunly Hun has a family of five. He has a wife and four children, two of which are in school and the two are still very young. His children cost him many additional expenses because they need supplies for school. Young children require lots of attention so Bunly Hun isn't able to do his normal job (driver) as much as he would like. Because of this, he needs the money to buy cows which he can make money off of.

Financial responsibilities/commitments of individual: He has to earn enough money to support his whole family.

4. Summary Bunly Hun is a kind man who has the capability to make money for his family but first he needs a small loan. He has to support his four children which is very hard work but he is not giving up.