Wednesday, November 20, 2013

Talking about microfinance and buisnesses

Today in class we talked about how micro loans/finances like kiva help small buisnesses and individuals in their daily lives It helps them pay off their loans, start a business, healthcare, or any unexpected crisis like sickness or a natural disaster. We also talked about how big buisnesses strangle out the small ones and we debated over whether it was right or not. We eventually came to the conclusion that it could not be answered and that sometimes small buisnesses turn into big ones, so other small ones die. So its a question that cannot be fully answered or completed

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