Questions for Test

 

 

1.) What is microfinance?

A: a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.

 

2.) How many people die each year from malaria?

A: 655,000 people

 

3.) What are the benefits of microfinance?

A: saving accounts, fund transfers, loans, and insurance.

 

4.) Name three problems in developing countries that can be helped by microfinance.

A: droughts, malaria, polluted water.

 

5.) How do loans affect small businesses?

A: loans help small businesses to get a kick start with their business.

 

6.) In what year did scientists discover the real cause of malaria?

A:1880

 

7.) What is malaria?

A: a life threatening disease transmitted by mosquitos

 

8.) Are there any cures to malaria?

A: No

 

9.) How can we improve microfinance?

A: We need to think of a solution to give people the chance to have a better life

 

10.)  What is a micro lender?

A: It is an organization that makes business loans to individuals who are not able to obtain financing from traditional lenders.