Sunday, June 17, 2012

Dia: 14


El 14 de junio:

Practica:

Today I had an appointment with la jefe (the boss) to discuss my project idea. Now would be a good time to describe what I would like to do with the rest of my time at Fuentes Libres: I have decided to collect data from some of the groups that Fuentes lends to in order to find out which variables lead to success and which lead to failure, I believe that they have about 32 groups and 6 ladies that take care of them, therefore, I would like to collect data from each Fuentes employee; one of their groups that they find to be successful and one that they believe is not. I would like them to define successful by how much savings each has. For example, their group with the largest amount of savings will be their more successful group and the one with the least amount of savings is their least successful group. The variables that I plan on evaluating them on are as follows: 1. How many people are in the group, 2. Are there family members in the group, 3. What kind of business does that person have, 4. How much is their loan for, 5. How much do they have in savings, 6. Can they read and write, 7. Are they home owners or renters and 8. How many children do they have. After I have collected and compiled this data in an Excel spreadsheet, I will evaluate it to determine which variables have the largest effect on the successfulness of the micro entrepreneurs. At the end of this, Fuentes will know what to really look for when considering new clients. Then, if the most deviating variable is the fact that they are literate or not, Fuentes Libres will have that information and can decide what to do with it. My hopes would be that they could set up a program to help the ladies become literate (for a cost), therefore insuring more success for not only that client and their family, but also for the company and the community. 

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