Life Cycle Of A Loan Quiz! Test
8 Questions
| Attempts: 536
.
Questions and Answers
- 1.What factors do lenders consider when deciding whether or not to fund a loan?
- A.
Borrower’s personal story
- B.
Intended loan use
- C.
Borrower’s photo
- 2.You disbursed a loan to a borrower on January 1. What is the latest day that you can post this loan in PA2?
- A.
January 31 (30 days after it is disbursed)
- B.
April 1 (90 days after it is disbursed)
- C.
Any day - there is no limit
- 3.On January 1, you post a loan in PA2 that has not yet been disbursed to the borrower. What is the latest day that you can disburse the loan to the borrower?
- A.
January 31 (30 days after it is posted in PA2)
- B.
April 1 (90 days after it is posted in PA2)
- C.
Any day - there is no limit
- 4.Where does Kiva obtain the money used to fund your organization’s loans?
- A.
From individual lenders located all over the world
- B.
From Kiva’s institutional investors
- C.
Both A) and B)
- 5.You post a loan on July 15. On July 22, the loan receives 100% of the requested funding. When will your organization receive the funds for this loan?
- A.
On July 22
- B.
By the end of July
- C.
By the end of August
- 6.You post a loan on July 15. On August 9, the loan receives 100% of the requested funding. When will your organization receive the funds for this loan?
- A.
On August 9
- B.
By the end of August
- C.
By the end of September
- 7.Within PA2, you can look up every loan that your organization has ever posted, regardless of status.
- A.
True
- B.
False
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