KIVA

KIVA – Loan Justification Your Name: Jacob Dorion

Potential Recipient URL: http://www.kiva.org/lend/343453 Name: Mahammad Khalilov Country: Fuzuli region, Azerbaijan Type of Loan: Agricultural- 2’550 dollars Criteria

1. Risk

Borrower (Credit history/Personal character): Total Loans: $3,170,725 Interest & Fees are Charged Yes Portfolio Yield: 14.20% Profitability(Return on Assets): 2.4% Average Loan Size(% of Per Capita Income): 29.81%

Field Partner (Risk Rating, Delinquency Rate, Default Rate): Delinquency Rate: 0.00% Loans at Risk Rate: 0.00% <span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 14px;">Default Rate: <span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 14px;">0.00%

Country Risk (Economic, Political, Natural Disaster)Azerbaijan-<span style="color: #444444; font-family: 'Arial','sans-serif'; font-size: 11px;">Crime is the main security concern affecting foreigners (please see "Crime" below). As a result of conflict in the Nagorno-Karabakh area of Azerbaijan, insurgent forces occupy about one-seventh of Azeri territory (in the southwest along the borders with Iran and Armenia). A cease-fire has been in effect since 1994, although reports of armed clashes along the cease-fire line and along the border with Armenia continue. Talks between the foreign ministers of Azerbaijan and Armenia in 2005 over the disputed enclave met with no progress. Azerbaijan has been in a long-standing dispute with Iran over offshore drilling rights. Baku does not have substantial black market currency exchange activity, however it has a large U.S. dollar and Azerbaijani currency counterfeit market. When exchanging money, ensure that you only change money in legitimate, recognized businesses. The political situation in Baku is currently stable. Baku held countrywide parliamentary elections in November 2005. Opposition groups staged sanctioned and unsanctioned demonstrations before and after the elections that made international headlines. While no Westerners were reported injured, some of these demonstrations resulted in confrontations with police, street closures and traffic disruptions. Violent riots also accompanied Azerbaijan's 2003 presidential election resulting in one fatality. Avoid areas where a heavy police presence is noted and to stay up-to-date on the latest political situation; registering with your embassy can help you stay abreast of current events. Note that Azerbaijan is a predominantly Muslim country; be prudent in dress and behavior. Men generally do not wear short pants. Muslim holy days are widely attended and caution should be used when traveling on these days. To prevent police harassment, avoid taking photographs of military installations, government buildings and mosques.

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

Potential for success: High chance, Azerbaijan has a good farming community, and Mohammad seems like a trust worthy man.

Potential for sustainability: High, farming is a sustainable line of work in general

Potential for regional economic benefit: Farming represents a sustainable basis for a community

3. Borrower

Perceived level of need: Has to sustain a family in a poor community.

Financial responsibilities/commitments of individual: Has a family to sustain, and a gradually expanding farm.

4. Summary The candidate I have chosen seems like a very honest and hardworking man, and agricultural success is very important in a blooming community. He also has wife and child to support, and seems deserving of an honest loan. As another factor, he has not yet failed to pay back a loan

KIVA – Loan JustificationYour Name: Jacob Dorion

<span style="background-color: transparent; color: #4b9123; font-family: 'Museo Slab 500',Rockwell,Georgia,serif; font-size: 2.357em;">Potential Recipient URL:
http://www.kiva.org/lend/347387 Name: Rodel Medina Country: Phillipines Type of Loan: Agricultural

Criteria

1. Risk

Borrower (Credit history/Personal character): <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Field Partner: <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">[|Alalay sa Kaunlaran, Inc. (ASKI)] <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Field Partner Due Diligence Type: Full Due Diligence<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">[|Field Partner Risk Rating:]

<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Time on Kiva: 35 months<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Kiva Entrepreneurs: 16226<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Total Loans: $3,610,775<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Interest & Fees are Charged Yes<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Portfolio Yield: 50.20%<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Profitability

<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">(Return on Assets): 1.7%<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Average Loan Size

<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">(% of Per Capita Income): 12.91%<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Delinquency Rate: 1.33%<span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Loans at Risk Rate: 1.89%

Field Partner (Risk Rating, Delinquency Rate, Default Rate): <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Delinquency Rate: 1.33% <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Loans at Risk Rate:  1.89% <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Default Rate:  0.00% <span style="background-color: transparent; color: #197099; font-size: 14px; text-decoration: none; vertical-align: baseline;">Currency Exchange Loss Rate:  0.00% Country Risk (Economic, Political, Natural Disaster): The [|1997 Asian Financial Crisis] affected the economy, resulting in a lingering decline of the value of the [|peso] and falls in the stock market. But the extent it was affected initially was not as severe as that of some of its Asian neighbors. This was largely due to the fiscal conservatism of the government, partly as a result of decades of monitoring and fiscal supervision from the [|International Monetary Fund] (IMF), in comparison to the massive spending of its neighbors on the rapid acceleration of economic growth. [|[51]] There have been signs of progress since. In 2004, the economy experienced 6.4% GDP growth and 7.1% in 2007, its fastest pace of growth in three decades. [|[7]] [|[106]] [|[107]] Yet average annual GDP growth per capita for the period 1966–2007 still stands at 1.45% in comparison to an average of 5.96% for the East Asia and the Pacific region as a whole and the daily income for 45% of the population of the Philippines remains less than $2. [|[108]] [|[109]] Despite enjoying sustained economic growth during the first decade of the 21st century, as of 2010, the country's economy remains smaller than those of its Southeast Asian neighbors Indonesia, Thailand, Malaysia, and Singapore in terms of GDP and GDP per capita (nominal). [|[110]]

2. Business Plan - [|__Small Business Start Ups__]

Potential for success: His farm has been going well for many years now, and he has capacity for success for years to come.

Potential for sustainability: All agriculture has a sustainable basis, and this loan is particularly faishoned to lengthen the longevity of the farm.

Potential for regional economic benefit: Agriculture presents a sustainable basis for any community.

3. Borrower

Perceived level of need: A family and a farm has to be looked after by this remarkable young man.

Financial responsibilities/commitments of individual: A corn farm, a wife and three children to support.

4. Summary; A deserving Phillipine family, with years of success behind them, and a potential farming community ahead of them.