p2p microfinance global philanthropic leadership by howard xuan and claire shao

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