Wednesday, December 4, 2013

:3 Test Questions for Human Geo    
                   Steven Kucther, Hailey Ishak, Ellie Gottschalk, Stephanie Imbierowicz, Carly Schofield, Austin McMillan


1. who is microfinance used for ? - it is used for people to start up a business or to keep a business going or just to help people who need a small loan.
2. what is a common use for a micro loan? - starting up new businesses, products, clinics, machinery, furniture, and schools  
3.What is a microloan? Loans people money to help them get a kick start in a small business that they think will be beneficial to their village or town
4.what is mocrofinance? A general term to describe financial services to low-income individuals or those who do not have access to typical banking services.
5. Who has the most supply of mosquitoes nets? Bill and Melinda Gates
6.what is the difference between developing countries and developed countries?- developing usually have lower levels of affluence and higher levels of unemployment, developed countries have the
7. what is malaria?  - malaria is a wide spreading disease that is transmitted by getting from a mosquitos
8.why do poor people pay more for loans? -micro lenders don’t get paid as much so poor people have to pay higher loans
9. What is a microlender? An organization that makes business loans to individuals who arent able to obtain financing from traditional lenders.
10.In developing countries the majority of the population is? Poor
11. How is giving Microloans better than just regular donations to charity? This way you're not just giving them many for no reason but you're giving them a kick start to make a successful business and in the end it’s their responsibility to pay you back for your help.

12.give 3 problems in developing countries that can be solved by microloans: malaria, drought, clean water

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