Today we started a new unit. The new unit is about microfinance. We will be learning about about microfinance and small business developments in other countries. Also we will learn about the many challenges that the worlds faces and how microfinance helps communities get out of poverty and then we will learn about how each country faces poverty. And last but not least we will learn about the Peace Corps. During this unit we will be doing a project and having a mini test which wont be as many points as the project. What i already know about the Peace Corps is that it is just like the website Mr. Schick showed us called Kiva. Kiva is a website which gives loans to people in other countries who are in poverty or need money to start a successful business which will help them have a steady income.
Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.
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