In Shivani Siroya's 2016 TedTalk video, "A smart loan for people with no credit history (yet)", she describes an alternate method for evaluating whether to extend a loan to a small business owner. In your initial response, include the following:

1. Describe at least three of the social behaviors incorporated in the evaluation.
2. Discuss the pros and cons of implementing this type of alternative analysis for Long Beach first-time business owners. Incorporate information from the Forbes article. I want to hear everyone's opinions about the good and the bad consequences.
3. Use the Return on Total Assets and the following assumptions to calculate Jennifer's profitability 2 years after receiving her initial loan (hint: you will need to create a Pro-forma income statement).
   • Cost of each stall - $2,000 each (assume these are the average total assets)
   • Average daily revenue - $200 (assume a 365-day year)
   • Average monthly expenses - $1,500
   • Average monthly interest expense - $30