Life Cycle Of A Loan Quiz! Test

8 Questions | Total Attempts: 368

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Life Cycle Of A Loan Quiz! Test

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Questions and Answers
  • 1. 
    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)

  • 2. 
    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

  • 3. 
    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

  • 4. 
    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

  • 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