Friday, November 1, 2019

Hw Assignment Example | Topics and Well Written Essays - 250 words - 3

Hw - Assignment Example The unique factor about Kiva.org’s organization that distinguishes it from other businesses is its role as an agent instead of a party to the lending business. The organization’s role in its empowerment objective is to link different stakeholders towards ensuring that potential entrepreneurs whose major challenge is capital receives help into starting their desired small scale businesses. It only facilitates the lending process and does not lend from its finances, a contrary approach to other businesses that are parties to lending agreements. The organization’s model would not work for larger loans and large-scale business. This is because the types of loans and businesses would entail higher risks such as loss of large amounts of money in defaults. This would have impact that is more significant on the organization and challenge its success as compared to risks in small-scale loans. Lenders would also be unwilling to offer money for large loans because of the nature of the model in which lender have limited control over involved

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