Wednesday, December 4, 2013

December 4, 2013


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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