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.