My 10 Test Questions

1. What type of people are eligible for Kiva loans? 

• individuals that do not have access to banking services and have low incomes.

  2. How can microloans help? 

• It allows small business owners access to insurance. 

  3. What is a mircoloan? 

• A microloan is when a person lends a small amount of money to a developing business. Once the business is running good the lender will receive their money back.

  4. What are 2 common uses for microloans? 

• Starting up new businesses 
• Getting products for your business

  5. Name two problems in developing countries.

• Diseases (malaria)       
• Famine

  6. Define Microfinance. 

• Microfinance is a form of financial services for entrepreneurs and small businesses lacking access to banking and related services.

  7. Is a microloan beneficial to the community?

• Yes

  8. What is Kiva? 

•  We are a non-profit organization with a mission to connect people through lending to alleviate poverty

  9. What is a main disease in developing countries?

• Malaria 

  10. What continent host the majority or developing countries?

• Africa 

BEAT MICHIGAN

ps. Im a huge Duke fan