Kiva+Spreadsheet+2

Repayment Term: 8 months (more info) Repayment Schedule:Monthly Pre-Disbursed: Oct 20, 2011 ListedOct 26, 2011 Currency Exchange Loss: PossibleDefault ProtectionNot Covered
 * KIVA –** Loan Justification **Your Name:** Dhanisa Modi
 * Potential Recipient URL:** []
 * N****ame:** Resty
 * Country:** Kampala, Uganda
 * Type of Loan:** Retail: Home Product Sales
 * Criteria**
 * 1. Risk**
 * Borrower (Credit history/Personal character):**

Resty lives in Uganda with her husband and four children, one of whom is old enough to attend school. She also cares for her parents and her late sister's children. For the last eight years, she has earned a living by running a retail shop where she works seven days a week. Resty is applying for a loan for 2,000,000 Ugandan Shillings from MCDT SACCO to buy more items to sell to her customers, including soap, sugar, salt and cooking oil. She supplements the income she earns in her shop by selling second-hand clothing and shoes. Her main challenges are rising prices, slow business during the rainy season and the high cost of transportation. Her goals for the future include owning a wholesale shop and a delivery van. She owns the home she lives in and has access to electricity and piped-in water. Her major monthly expenses are school fees and food for her family.

Field Partner:Micro Credit for Development and Transformation SACCO (MCDT SACCO) Due Diligence Type:Full Due Diligence Field Partner Risk Rating: Time on Kiva:43 months Kiva Entrepreneurs:3691 Total Loans:$967,850 Interest & Fees are ChargedYes Portfolio Yield:64.50% Profitability (Return on Assets):-10.4% Average Loan Size (% of Per Capita Income):21.30% Delinquency Rate:1.17% Loans at Risk Rate:2.04% Default Rate:0.00% Currency Exchange Loss Rate:0.01%
 * Field Partner (Risk Rating, Delinquency Rate, Default Rate):**

Resty lives in Uganda, so there's a risk in lending Rusty money because the country is an economic crisis. The Ugandans also currently experienced the worst inflation in over 25 years, and the worst performance of the Uganda shilling against the dollar and major currencies which has seen a huge increase in prices of goods and services in the country. But, the opposition is planning to organize massive resistance to compel the government to immediately come up with a solution to the current economic crisis, so the Ugandan's economic crisis might improve.
 * Country Risk (Economic, Political, Natural Disaster)**

Resty's potentail for success would be pretty good with the econmical crisis to her favour because she sells used, second-hand clothing, so it must be cheaper. Cheaper is good because people in Uganda can't afford much right now, so I'm guessing in order to save money, Resty's shop is where they'll be heading. Also, besides that, Resty sells basic ingredients like sugar, salt, soap..etc.
 * 2. Business Plan - [|Small Business Start Ups]**
 * Potential for success:**

In my opinion the potential for sustainability is looking very good for Resty. It's looking good because I'm sure people will be piling up to get used clothes from Resty's story because of the economical crisis going on in Uganda. I guess her buisness is going great for Resty because her plans for the future include a wholesale shop and a delivery van.
 * Potential for sustainability:**

Th potential for reign\onal economic benefit is that people will save money on the used clothes, money they can use on other, more necessary daily items. An example of that would be food and even medicine.
 * Potential for regional economic benefit:**

The perceived level of need for Resty in my opinion is not that high. She has her husband and four children, one of whom is old enough to attend school. She also cares for her parents and her late sister's children. Even though she has all those responsibilities, she still manages to have high goals for the future, which include owning a wholesale shop and a delivery van.
 * 3. Borrower**
 * Perceived level of need:**

Resty lives in Uganda with her husband and four children, one of whom is old enough to attend school. She also cares for her parents and her late sister's children. She owns the home she lives in and has access to electricity and piped-in water. Her major monthly expenses are food for her family, elcetricity, and school fees.
 * Financial responsibilities/commitments of individual:**

Though Resty lives in Uganda, where there's a major economical crisis, she still manages to get by, with her additional resposiblities. She lives with her husband and four children, and one of them is almost old enough to go to school, so that adds extra expenses. She also cares for her parents and her late sister's children. For the last eight years, she has earned a living by running a retail shop where she works seven days a week. She has high hopes for the future which includes owning a wholesale shop and a delivery van. Because I think that she is a reasonable woman and that she wouldn't have such high goals for the future if she thought she wasn't going to fullfill them, I think that she's not that bad off. I still think she wants money to improve her family's life though. I think she should get the loan because she works seven days a week and seems like a hard working woman.
 * 4. Summary**