of financial constraints as a result of low levels of demand. Hence, commitment and willingness to pay has been evident when interviewing these borrowers. Had they taken the loan for another purpose such as consumption or preparing for a daughter's wedding as stated by the loan officer, which could not have been known by the interviewer, these borrowers may not have been able to pay on time. At the end these borrowers paid because of their willingness to pay. On the other hand, for those who delayed repaying some of their installments can be divided into two categories. The first are those who are willing to pay but are unable and the second are those who are unwilling to repay the loan even though they are financially capable of paying. Table 12: Loan characteristics of the unsuccessful borrowers Loan characteristics Person F Person G Person Person I Person J Person H K Number of 3 4 2 2 1 1 Current loan 4,000 10,000 9,000 9,000 4,000 4,000 amount (in EGP) Percentage of the --- --- 70 35 30 0 project expansion as a result of the loan Does anyone help Yes - No No Yes - No No you in the project Kids Husband How was the Inherited Inherited Inherited Husband’s Past Past project financed? savings Savings Monthly sales --- --- --- --- --- --- of education Illiterate Illiterate Illiterate Diploma Diploma Illiterate Apartment owned Own Owns 1- Owns 1- Rent Own Own or rented? Rents 1 1 Health Status Good Good Good Good Good Good Indebted No Yes Yes- Yes- No Yes 12,000 150,000
of financial constraints as a result of low levels of demand. Hence, commitment and willingness to pay has been evident when interviewing these borrowers. Had they taken the loan for another purpose such as consumption or preparing for a daughter's wedding as stated by the loan officer, which could not have been known by the interviewer, these borrowers may not have been able to pay on time. At the end these borrowers paid because of their willingness to pay. On the other hand, for those who delayed repaying some of their installments can be divided into two categories. The first are those who are willing to pay but are unable and the second are those who are unwilling to repay the loan even though they are financially capable of paying. Table 12: Loan characteristics of the unsuccessful borrowers Loan characteristics Person F Person G Person H Person I Person J Person K Number of 3 4 2 2 1 1 Current loan amount (in EGP) 4,000 10,000 9,000 9,000 4,000 4,000 Percentage of the project expansion as a result of the loan --- --- 70 35 30 0 Does anyone help you in the project Yes - Kids No No Yes - Husband No No How was the project financed? Inherited Inherited Inherited Husband’s Past savings Past Savings Monthly sales --- --- --- --- --- --- of education Illiterate Illiterate Illiterate Diploma Diploma Illiterate Apartment owned or rented? Own Owns 1- Rents 1 Owns 1- 1 Rent Own Own Health Status Good Good Good Good Good Good Indebted No Yes Yes- 12,000 Yes- 150,000 No Yes
Reem%20Nabil%20Hashad%20-%20Thesis.docx