Wednesday, December 11, 2013

Test Results

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Today in Human Geo, we went over the test. It was a 2 hour delay day after 2 days off of school. The answers were C,D,A,C,C,B,A,B,C,A,C,B,B,D,A. From the test, one can learn that microloans can have positive effect on a community in many ways. Eliminating your business's competition is not one of these ways. Students wanting to attend college are the most recipients of microloans. KIVA is a successful microloan provider who has lent money to over one million borrowers. Almost half a billion dollars is the approximate total value. 410.89 is the average size of KIVA loans. The repayment rate for KIVA loans is just over 99%. Sometimes the interest rate charged for their loans  can be as high as 23% is the main problem with the KIVA microloan program. I have met someone who actually lent money through KIVA.org. A microentrepeneur is a business operator who runs a very small business. Malaria is a mosquito born disease, A philanthropist is a person who generally donates money to good cause. Malaria kills at least 665000 people. Removing people from areas near stagnant water is not an effective way to eliminate malaria. Bill Gates is a billionare donating money to battle malaria. Poor people find it hardest to access banking services. A female mosquito can give people malaria.

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