Tuesday, February 12, 2013

12 February Slides & Homework


Visit www.kiva.org  and select an entrepreneur who you would support (you do NOT need to donate or feel compelled to!):
  1. Which entrepreneur did you choose? (name/country)
  2. What is the project that they are raising money for? 
  3. When is the first repayment supposed to be made to lenders (and for how much?)
  4. Is there a field sponsor – guaranteeing the lender? If so, what is the organization? 
  5. Why were you attracted to this borrower?

13 comments:

  1. 1) I chose an entrepreneur called Alfred, which comes from Kenya.

    2) He is raising money in order to service his taxi and pay the school fees for his children.

    3) The first repayment is supposed to be made to lenders in May 2013 and he will give back 58.33$. He will repay monthly during a repayment term of 8 months.

    4) There is no field sponsor covering the loan and guaranteeing the lender.

    5) I was attracted by this borrower because of his shirt which attracted my eye and because he was in the field of the cars and transportation that I like very much.

    ReplyDelete
    Replies
    1. 4) This entrepreneur has a field sponsor, which is Kenya Agency for Development of Enterprise and Technology (KADET), but it doesn't cover the loan of this particular individual.

      Delete
  2. This comment has been removed by the author.

    ReplyDelete
  3. 1) I chose an entrepreneur called Leonardo, which comes from the Philippines and owns an agricultural business, raising pigs.

    2) The project is based on raising money for Leonardo so that he can buy more vitamins and additional feed for his pigs. In this case he will have more money to send his 4 four children to school (one already goes – can afford only one child’s school costs).

    3)The first payment has to be made in April 2013 and the loan is of 37.50$. Leonardo will repay monthly during a repayment period of 14 months.

    4) There is a particular sponsor, Negros Women for tomorrow foundation (NWTF) administers this loan.

    5) I was attracted by this borrower because he had my name and because I am interested in the agricultural field.

    ReplyDelete
    Replies
    1. The field sponsor though will not cover the borrower because it says: "default protection - not covered"

      Delete
  4. 1) I chose an entrepreneur named Ali from Iraq

    2) He is raising money to buy an expensive equipment and pieceof work-

    3) the first repayment would be made in May 2013, the sum is 200$

    4) The field sponsor is Duda Cardoso

    5)I was attracted to this borrower because he is very young (28) and has been in the business for 6 years now. Another reason was that he wrote he had two daughters and he was the only provider of the family, so I wanted to know more about him

    ReplyDelete
  5. 1) I chose an entrepreneur called Ra from Cambodia

    2) Buying rice insecticide and pigs to help sustain her family during dry season, they are rice farmers.

    3) August 1st is the first repayment and it will be 156 dollars

    4) There is no field sponsor

    5) I was attracted to this borrower because I noticed that she was a little old. She is a mother of six and two of her children are going through school. She’s also a paddy rice farmer and I know that during dry season it is very tough to make a profit. So I thought that she would need the money to support her family.

    ReplyDelete
  6. 1) Which entrepreneur did you choose? (name/country)
    I chose Koba from Kvaloni, Georgia
    2) What is the project that they are raising money for?
    The project is on the trading business. Koba will try to purchase, at wholesale prices, hygienic products, such as detergents and soaps and resell them for a profit
    3) When is the first repayment supposed to be made to lenders (and for how much?)
    The first payment would be in May 2013, with 50 dollars. He will repay over a period of 14 months.
    4)Is there a field sponsor – guaranteeing the lender? If so, what is the organization?
    The field sponsor guaranteeing the leader is the LLC Micro Finance Organization Credo.
    5) Why were you attracted to this borrower?
    I was attracted to this burrower because as I was looking at the several categories, I wanted to help or donate the most to the people who can get a chance of building their own business, or entrepreneurship. Thus, Koba was the person who attracted me due to his situation of considered to be a "vulnerable poor" and in addition, not being able to have loads from his local credit providers due to his lack of experience in the business.

    ReplyDelete
  7. 1. I chose an entrepreneur called Ricky, from the Philippines.

    2. He is raising money in order to redeem his pawned parcel of cocoland.

    3. The first repayment would be made in April 1, 2013, for a total of $62.50.

    4. The field sponsor is Paglaum Multi-Purpose Cooperative (PMPC).

    5. I was attracted to this borrower because I saw how young he was from his profile picture, and then reading about him, I discovered he is only 34 years old, and earns no more than 1,000 each month. He also is married and has a child, which is probably what keeps him working hard every day, and these are characteristics about people which I truly find inspiring as the family is his reason to continue sweating and working.

    ReplyDelete
  8. 1)I choose Marveline from Kenya
    2)They are raising money purchase more stock of charcoal to sell and then to give an education to her children.
    3)The first repayment is on April 2013 of $58.33
    4)The field sponsor is Kadet Ltd.
    5)I was attarcted to this person because in the photo she looked healthy and fine with a nice office dress so I was questioning myself when I saw this what she need the money for and after reading I understood her circumstances.

    ReplyDelete
  9. 1. The entrepreneur I chose is called Oscar Danilo and comes from Nicaragua.

    2.Danilo needs funds to buy construction materials.

    3.The repayment is made monthly depending when you make them.

    4.I was attracted because I like the construction sector and I liked his picture and country

    ReplyDelete
  10. 1) I chose an entrepreneur named Ali from Iraq

    2) He is raising money to buy an expensive equipment and pieceof work-

    3) the first repayment would be made in May 2013, the sum is 200$

    4) The field sponsor is Duda Cardoso

    5)I was attracted to this borrower because he is very young (28) and has been in the business for 6 years now. Another reason was that he wrote he had two daughters and he was the only provider of the family, so I wanted to know more about him

    ReplyDelete
  11. Which entrepreneur did you choose? (name/country)
    What is the project that they are raising money for?
    When is the first repayment supposed to be made to lenders (and for how much?)
    Is there a field sponsor – guaranteeing the lender? If so, what is the organization?
    Why were you attracted to this borrower?

    I chose ANIVAL form Costa Rica
    He wants to buy a Motorbike to bring fresh fruit to other people.
    (i lost the page cant find him anymore) but, i remember that people raised him 26% of the total amount that is around one thousand dollars.
    He will pay back the money by the delivery of fresh fruits, and he seems a good person that likes bikes ;)

    ReplyDelete