KIVA+loan+justification

KIVA – Loan Justification Your Name:Sam Willett

Potential Recipient URL: Name:Batbayar Batsuh Country:Malasia Type of Loan:Services, recycling

Criteria

1. Risk

Borrower : Batbayar Batsuh is a hardworking and committed man. He supports his family by persuing a career that helps himself along with his community.

Field Partner :The field partner, XacBanc, has a perfect risk rating of five out of five. Their delinquency rate is 0.05%, and the default rate is 0.10%. These numbers are extremely small. XacBanc has delivered over $4,650,000, after being on KIVA for almost three years.

Country Risk: Mongolia has a relatively stable economy and governement. They are not at any high risk of natural disaster.

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

Potential for success: He has good potential for success because the job will not dissapear.

Potential for sustainability: This job is sustainable because it will not go away with time. People will continue to use more and more reclyclable containers. It will be a well paying job especially wih the pick up truck.

Potential for regional economic benefit: He is helping the economy in many different ways. He is helping the recycling departement as well as stabilysing the economy.

3. Borrower

Perceived level of need: he can just barely sustain his family of three kids, along with himself and his wife.

Financial responsibilities/commitments of individual: He is a committed man with determination. He will do whatever it takes to help his family.