What do you know of other cooperative arrangements

Assignment Help Business Law and Ethics
Reference no: EM131356520

Assignment: Micro Loans & Cooperation

Need a 200 words minimum response with reference by 1/13/17

Kiva.org (2016) is one of the best know microloan charities. The concept is simple. Instead of giving people food or money, Kiva lends business people, mostly women run businesses, loans to start and find their businesses activities.

Quote

We envision a world where all people hold the power to create opportunity for themselves and others.

Kiva is an international nonprofit, founded in 2005 and based in San Francisco, with a mission to connect people through lending to alleviate poverty. We celebrate and support people looking to create a better future for themselves, their families and their communities

End quote (para. 1-2)

Kiva has a 97.1% repayment rate. They credit this to the effectiveness of their model, where individual lenders choose pre-screened borrowers and make small ($25) loans. The small size of the loans and the ability to spread loans to many businesses lowers the lender's risk. The borrowers make sure to repay their loans in order to maintain their reputation.

Peer to peer lending/investing was once very popular. Members of the community would put money into a common fund and lend it to people who had a need.

Have you come across any other example of Peer to peer lending/financing?
How could you use this model to support your business?
What do you know of other cooperative arrangements?

References:

Kiva.org (2016). About. Retrieved from https://www.kiva.org/about

Reference no: EM131356520

Questions Cloud

Explain the definition of each of the spending components : ECO 716 Applied Economic Analysis - explain the definition of each of the spending components (an any other technical terms you use). You may use charts and graphs as appropriate. The finished report should be 3 to 5 pages, and include a Executive ..
What are the challenges facing leaders in todays environment : What are challenges facing leaders in today's environment? Consider both internal and external challenges within an organization. Describe impact of those challenges on today's leaders. How leaders need to respond to them.
Describe each of james marcia''s four identity statuses : Many adolescent girls struggle with body dissatisfaction, disordered eating, and dieting. The causes for this state of affairs are complex and multifaceted. Even though body image issues are normative in western females, males are not immune. For ..
What are the values of the control limits : Establish a control chart for monitoring the average weights of the bowling balls in which the upper and lower control limits are each two standard deviations from the mean. What are the values of the control limits
What do you know of other cooperative arrangements : Have you come across any other example of Peer to peer lending/financing? How could you use this model to support your business? What do you know of other cooperative arrangements?
Find the optimal solution to the choice game : With columns Q:U in the Solution sheet, use Solver to find the optimal solution to the choice game. Notice how the choice variables have been constrained. How does Solver do? Explain.
What happens to the short-run supply curve if wages rise : Suppose a firm is off its short-run supply curve, but at a point where MR = MC. Use Word's Drawing Tools to a draw the profit function for this situation and label a point Z that meets the supposed conditions.
What is the revenue collection process : What is the revenue collection (RC) process?- What primary functions does the RC process perform? Explain each function.
Is the process still in control explain why or why not : Organic Grains LLC uses statistical process control to ensure that its health-conscious, low-fat, multigrain sandwich loaves have the proper weight. Is the process still in control? Explain why or why not

Reviews

Write a Review

 

Business Law and Ethics Questions & Answers

  How does theory inform a research study

How does theory inform a research study? How can a generalized theory remain timely enough to be applicable to new or innovative studies

  Regarding the constitutionality of their actions

During a nonviolent, peaceful protest several of the students are arrested for wearing tee shirts which say "stick your proposal up your ramp." Which of the following would be the best argument the students would have regarding the constitution..

  Forensic examination of a sim card

Forensic Examination of a Sim Card & Forensic Report, Sebastian's and Nau's cell phones were seized with other digital evidence in a drug investigation

  Sandy owned a beautiful silver tea set it was quite

1. sandy owned a beautiful silver tea set. it was quite valuable. sandy took her silver tea set to tiffand silver a

  Determine three key propositions of developmental theories

Select a business problem that can be solved with technology (the solution must have a software component, a database component, and hardware infrastructure). Your team will be consultants documenting business requirements and building a project p..

  Identify a business theorist and their theory

Identify the company, the industry it operates in, and its Domestic Environment (home country) (for instance, US Air operates in the Airline industry and its home country/domestic environment is the USA).

  Examine the need for equal treatment of all people in the

prepare a paper detailing the significance of ethics in criminal justice and criminal procedure. please be sure to

  Examined and explained the role of protocols.

Examined and proposed one architecture in detail.

  Discuss the differences between criminology and victimology

Discuss the differences between criminology and victimology and explain how the chosen article illustrates one of these fields of study

  What are business ethics and what is social responsibility

What are "business ethics"? From a business perspective, what is "social responsibility"? Where do ethics and social responsibility come from within an organization?

  Was it fair for pirozzoli to receive the windfall

Review the case Parente v. Pirozzoli. Answer the following: What is the result of a court finding that a contract is illegal? Explain. Was it fair for Pirozzoli to receive the windfall in this case? Why or why not

  Process in which an employee informs another employee

What is the name of the process in which an employee informs another responsible employee in the company about potentially unethical behavior

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd