P2P Microfinance Program By Wirly Xiao. What is P2P? P2P means ‘Peer to Peer’

P2P Microfinance Program

By Wirly Xiao

What is P2P?

P2P means ‘Peer to Peer’.

Nosebleeder

Gorilla

Chinatown 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 RMB

Costs: 18,000 RMB Costs: 36,000 RMB

Cash 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