Kiva+Spreadsheet


 * KIVA –** Loan Justification **Your Name:** Dhanisa Modi


 * Potential Recipient URL:** []
 * Name:** Emibel
 * Country:** United States
 * Type of Loan:** Services: Beauty salon

Repayment Term:21 months (more info)Repayment Schedule:MonthlyPre-Disbursed:Sep 21, 2011ListedOct 23, 2011Currency Exchange Loss:N/ADefault ProtectionNot Covered Emibel is originally from Puerto Rico and has been in the beauty salon business for more than 20 years. Her salon, Le Cache Salon, has been successfully operating for 4 years. The welcoming environment of the salon pulls in customers of every ethnicity, from the lower class to the upper middle class. Emibel says her clients come as far as New Jersey to experience her services. Those services include--but are not limited to--hair extensions, keratin treatment, Japanese relaxers, hair coloring and styling. Emibel has employed four hair stylists, two full-time and two part-time.
 * Criteria**
 * 1. Risk:**
 * Borrower (Credit history/Personal character):**

Field Partner:ACCION USA Field Partner Due Diligence Type: Full Due DiligenceField Partner Risk Rating: Time on Kiva:28 months Kiva Entrepreneurs:174 Total Loans:$861,250
 * Field Partner (Risk Rating, Delinquency Rate, Default Rate):**

YesPortfolio Yield:20.39% (Return on Assets):-27.26% Average Loan Size(% of Per Capita Income): 15.42% Delinquency Rate:0.43% Loans at Risk Rate:2.79% Default Rate:9.57% Currency Exchange Loss Rate:0.00% Emibel lives in USA, so there is a slight risk there because the market is pretty low now.
 * Country Risk (Economic, Political, Natural Disaster)**

The potential of success for Emibel is pretty high, but because she owns a store and not a buisness, it's not a guarantee that she'll earn a certain amout of money, or even enough money to pay the lenders back. I doubt that will happen though because I read many people come looking for her store, so I think she'll get ample customers to return her loan. The potential for sustainability for Emibel is alright because she has two stylists working for her full time, and two part time, plus there are everday expenses for Emibel. It all depends on the customers, and maybe Emibel will even need to hire more people to work for her if her buisness expands well. Aso, Emibel says her clients come as far as New Jersey to experience her services.
 * 2. Business Plan - [|Small Business Start Ups]**
 * Potential for success:**
 * Potential for sustainability:**

The potential for regional economic benefitis great because the main part why she wants the money is because the loan will allow Emibel to purchase a chemical fumes extractor, which will help her protect herself, her customers and her employees from the potentially harmful chemicals that she uses daily in the salon.
 * Potential for regional economic benefit:**

I'm assuming that Emibel's business is going okay because she can afford to employ two full time hair stylists and two part time, so I don't think Emibel's level of need is urgent, or even great.
 * 3. Borrower:**
 * Perceived level of need:**

I'm not sure, because there is nothing against her in the information given. There isn't any supporting evdience that she'll succeed either, so I'll just stick with good for now.
 * Financial responsibilities/commitments of individual:**

To sum it all up, Emibel is a good choice to lend money to because not only does she want to expand her buisness by buying materials for facials and waxings, but she is also going to get a chemical fumes extractor. That would help the environment a great deal because every little thing counts. Also, the welcoming environment of the salon pulls in customers of every ethnicity, from the lower class to the upper middle class. That is a great way to get people together! I think Emibel should get the loan because she's helping save the enviornment as well as making her buisness more well known by offering different varieties of treatment.
 * 4. Summary**