Repayment!

From Kiva: "We'd like to give you a repayment update on the loans you've made through Kiva. A total of $8.83 has been repaid today."

This is the 1st of 5 payments from the God Creation Group.

Update from Kiva - Liberia

From Kiva: "Thank you for your loan. It has been disbursed to God Creation Group by Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief in Liberia. We are excited to watch this business grow. Over the 4 months of this loan, Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website."

Update from Kiva - Peru

From Kiva: "Thank you for your loan. It has been disbursed to Glicerio by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 7 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website."

Selection Criteria - 474Fa09

Peru and Liberia were selected as the countries to target with investments based on an analysis of the countries Kiva works in. Each class then identified the criteria for the entrepreneur and investment partner.

Peru:
*Either male or female entrepreneur
*Individual entrepreneur
*Any industry
*Characteristics of the partners: (a) 0-20% delinquency rate, (b) 0-0.20% default rate, (c) 9+ months with Kiva, and (d) 3-5 'star' risk rating
*Any size loan request from the entrepreneur
*Loan repayment to start anytime after loan disbursement

• Entrepreneur Selected --> Glicerio, an entrepreneur who will use the money to buy seeds and a bull

Liberia:
*Either male or female entrepreneur
*Either an individual or group
*Food/Bakery/Catering industry
*Characteristics of the partners: (a) 0-10% delinquency rate, (b) 0-1% default rate, (c) 24+ months with Kiva, and (d) 3-5 'star' risk rating (FYI - criteria (c) wasn't possible to meet because all the partners were pilot programs)
*Any size loan request from the entrepreneur
*Loan repayment to start w/in six months

• Entrepreneur Selected --> God Creation Group, a group of entrepreneurs in the catering industry

Welcome!

Welcome to the website for the COB-Bozeman Kiva project! I'll be posting updates and information about the entrepreneurs each class is supporting.