p2p microfinance global philanthropic leadership by howard xuan and claire shao
TRANSCRIPT
P2P Microfinance
Global Philanthropic Leadership
by Howard Xuan and Claire Shao
Date and Location
June 15th - June 29th
July 31st - August 14th
Ningxia, Dagouyan Village and Tongxin
宁夏,大沟沿村与同心县
Group 8
Experience
Learn the basic idea of lending and investment
Study the concept of microfinance
Create and analyze income statements
Communication
Teamwork
Interview skills
Experience Work with the SEE in the morning for the green house project.
Interview farmers in the afternoon.
Having a group meeting at night, preparing for final group presentation and decision.
Example of Borrowers
Borrower 1
Pro:
4 income sources
No health issues
Positive net profit
Con:
Seven family members
Conclusion: capable of repaying the loan, little risk
involved
Example of Borrowers
Borrower 2 Pro: 3 sources of income Good credit in the village loaned before Con: Medication for himself and for daughter Negative net profit 20000 RMB bank loan Handicapped (lost an arm)
Conclusion: cannot repay the loan
Achievements
Villagers improved their business with the loan
Installed solar panels and wind turbines
Built 3 greenhouses
Provided financial aids for students
A heavy rain. About 1.5m
Meet new people
Help each other
Train for 17 hrs.
Reflecton
Thank You