Kiva

KIVA – Loan Justification Your Name: Joss Vrooman

Potential Recipient URL: http://www.kiva.org/lend/351054 Name: Delia Andrea Country: Ecuador Type of Loan: Food|Food stall

Criteria

1. Risk

Borrower (Credit history/Personal character): Delia considers herself to be a very cheerful person who enjoys her work and is very supportive of others. Field Partner (Risk Rating, Delinquency Rate, Default Rate): FODEMI, 0%,0%,0% New to system so 0% everything Country Risk (Economic, Political, Natural Disaster) Ecuador is quite stable right now.

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

Potential for success: Quite a public stand for food makes a decent amount if money. Potential for sustainability: Good Potential for regional economic benefit: Increases economic circulation of money 3. Borrower

Perceived level of need: Medium Financial responsibilities/commitments of individual: Has to buy food for her food stand

4. Summary Delia, 33, lives with her four children in Otavalo which is in Imbabura Province. Delia considers herself to be a very cheerful person who enjoys her work and is very supportive of others.

She has had a food stand at the Otavalo land terminal for three years. She has asked for Fodemi loans for three years. The current loan is to buy an industrial stove because the one she’s using now is borrowed and she has to give it back. She will also use the money to buy foodstuffs to cook in her stand.

This investment will help her because her stand will be more presentable with the new stove and business will increase; her income will be good and she’ll be able to help her children to go to school. Her dream is to have a locale of her own to increase clientele and sell more because she needs to earn higher income because it’s currently not enough to support her children.

_______________________________________________________________________________________________________________________________________________________________ KIVA – Loan Justification Your Name: Joss Vrooman

Potential Recipient URL: http://www.kiva.org/lend/350624 Name: Babacar Country: Sengal Type of Loan: Services | Tailoring Criteria

1. Risk

Borrower (Credit history/Personal character): Good Field Partner (Risk Rating, Delinquency Rate, Default Rate): 4.23%, 1.25%, 0.00% Country Risk (Economic, Political, Natural Disaster) Stable generally right now.

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

Potential for success: Good Potential for sustainability: Good Potential for regional economic benefit: Good 3. Borrower

Perceived level of need: Big Financial responsibilities/commitments of individual: Already running a shop.

4. Summary Babacar is married. He's the father of two children, and also has to support his wife and two parents. He's been a tailor for nearly ten years.

During this time, he managed to build a good and very faithful clientele. With Eid al-Adha feast (Tabaski) approaching, he's seeking a loan of XOF 300'000 in order to bolster his stock by buying fabrics, trimmings, and threads.

He ambitions to open a second tailoring workshop, and to hire young people.