P2P Microfinance Program
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Transcript of P2P Microfinance Program
P2P Microfinance Program
By Wirly Xiao
What is P2P? P2P means ‘Peer to Peer’.
Nosebleeder
GorillaChinatown
uncle Photographer “We ate lunch”
Zombie
Our team members
Villager #1: Luo Yanlin(罗彦林) 51 years old 5 family members Declining working ability 2 past loan experiences No irrigated land Future loan plans: Sheep
breeding Income: Labor,
livestock, agriculture
Villager #2: Li Fengmei(李凤梅 ) 28 years old 4 family members No experience with
livestock No past loan
experiences 2 acres of irrigated land Future loan plans:
Sheep breeding Income: Labor
(husband)
Comparison of Cash Flow
Luo Yanlin (罗彦林) Li Fengmei (李凤梅 ) 0
5000
10000
15000
20000
25000
30000
35000
40000
IncomeCost
Family
Yuan
Why am I even here?
Income: 17,990 RMB Income: 21,125 RMBCosts: 18,000 RMB Costs: 36,000 RMBCash Flow: 10 RMB Cash Flow: 14,875 RMB
I’m taller than you
Final decision Villager #1: Luo Yanlin(罗彦林)
Reflection What we learned:
How to evaluate a business Taking risks Tolerance Decision making Perseverance Communication Money doesn’t come easily Team trust
Did we really learn all that?????
Thank you for your time!
Any questions for us?Q&A