Today in Mr. Schick’s Human Geography we reviewed more about
microfinance. We looked at your power point and Jordan showed us the one she
made too. Her cover page was very nice. By looking through these finances, I now
understand the whole point of microfinance gives people who have a small business
or wants to start a business money to start it. I learned the difference
between microloan and microfinance too. I learned 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. I feel that this is a great idea. It gives people who give the
money joy because they are helping someone in need and it helps the people who
need the money to start their own business. The best part is they get their
money back. I think it is really cool that they have websites that help you
give microloans to people in developing countries.
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