st
Table 32 Loan purpose – 1 post-flood loan st
1 Loan
Valid
Missing Total
Frequency
Pay back loan Business Health/Education Agriculture inputs Food House repair Other Total System
Table 33 Loan purpose – 2
nd
7 23 21 82 38 9 6 186 204 390
nd
Missing Total
1.8 5.9 5.4 21.0 9.7 2.3 1.5 47.7 52.3 100.0
post-flood loan
2 Loan
Valid
Valid Percent 3.8 12.4 11.3 44.1 20.4 4.8 3.2 100.0
Percent
Frequency
Pay back loan Business Health/Education Agriculture inputs Food House repair Other Total System
Valid Percent 20.8 4.2 8.3 41.7 16.7 4.2 4.2 100.0
Percent
5 1 2 10 4 1 1 24 366 390
1.3 .3 .5 2.6 1.0 .3 .3 6.2 93.8 100.0
Average post-flood loan size is $396 for the 1st loan and $338 for the 2nd loan. Loan duration is 9 months for the 1st post-flood loan and 6 months for the 2nd loan. Collateral for post-flood loans comes from multiple sources, and as with pre-flood loans, guarantor (34%) is the most common form. st
Table 34 Collateral – 1 post-flood loan Responses
st
1 Loan
Collateral
N
Don’t require Mortgage over house Mortgage over land Guarantor Other collateral
Percent 76 18 42 62 12 210
Total
36.2% 8.6% 20.0% 29.5% 5.7% 100.0%
Percent of Cases 41.3% 9.8% 22.8% 33.7% 6.5% 114.1%
nd
Table 35 Collateral – 2 post-flood loan Responses
nd
2 Loan
Collateral
Don't require Mortgage over house Mortgage over land Guarantor Other collateral
Total
N 13 1 1 8 1 24
Percent 54.2% 4.2% 4.2% 33.3% 4.2% 100.0%
Percent of Cases 54.2% 4.2% 4.2% 33.3% 4.2% 100.0%
Interest rate for post-flood loans was average 3.8% for 1st loan and 5.4% for 2nd loan.
Drowning in DebtDrowning in Debt 18 Feb.docx
Page 22