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Data response (2)


Read the article Banks Making Big Profits From Tiny Loans and then answer the questions below.


Question 1

Explain how a microcredit system works.

Question 2

Examine the benefits of using microcredit systems in developing countries to promote economic development.

Question 3

Examine the problems associated with operating microcredit systems and whether these could contribute to a worsening in the levels of poverty.