MICRO LOAN PROJECT.

SUMMARY ABOUT JAMES LIFE

• James 42, married with 2 kids. Runs a business
• Of his own for abt. 4yrs now. He's in need of a loan to restore
• Wine, cement, construction for homes,building,school Ect.

ABOUT THE LOAN.

• Loan amount _ $600
• What are the repayment terms _ 14 months
• Repayment schedule _ monthly
• Annual income in the country _ 1,445
• Value currency to the US dollar _ $1

ABOUT THE LOAN CONTINUINCY..

• Field partners -> SMEP taking deposited.
• Field partner risk rating -> 4 stars
• Delinquency rate (pay on time)->6.22%
• Loans at risk -> 10.68 %
• Default rate(un-repayable loan) 0.06%

RATIONALE .

• I choose Kenya because Kenya is struggling,
• With money, homes, and cleanness, families
• Being able to care for their selves and babiesr
• But also because it's big but small place and deserves
• To have a chance like everyone else ; else where.

WHY I CHOOSE JAMES.

• I choose James because of all the goods he needs for the business
• He has and had for abt. 4 years now like wire, cement, construction,
• Could help himself and also others who go to his business to get those
• Goods that he needs ... All of that can help build schools, homes,
• Work buildings anything that is in need of touch up likewise .

GEOGRAPHY !

• Kenya borders Eastern Africa bordering the
• Indian Ocean Between Somalia & Tanzania .
• Capitol - Nairoboi
• Population - 32 million people
• 582,650 Square Miles

CULTURE & LANGUAE

• English, Kiswahilli (official languages) and other .
• Religion - Protestant 45% Roman Catholic 33% Indigneous
• Beliefs 10% Muslim 10% other 2% Large amt. -Christian
• But mostly -Islam

CLIMATE

• Sunny , Dry
• Rainy depending on season.

ECONOMY .

• GDP - 2.2% in 2008 down from 7% the previous years
• From the effects of global financial crisis.
• ...
• Unemployment facts - No facts shown for this subject.