Define microloans

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Question :

Review the articles, Women and Financialization: Microcredit, Institutional Investors, and MFIs, by Girón (2015), and Microcredit: from Hope to Scepticism to Modest Hope, by Berlage and Jasrotia (2015), which are required reading for this week. Respond to the following:

• Define microloans and determine how microloans can be utilized effectively to promote growth and development in a country?

• Specifically, what strategy would you propose to raise the effectiveness of microloans?

 

Reference no: EM132270571

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