All categories

2 years ago

How does microcredit help poor people establish thriving small businesses? why is microcredit targeted primarily to women?

1 answer:

7 0

Microcredit help poor people establish thriving small businesses because it provides a small finacial loan made to proverty stricken individuals who want to start their own business. Hence the objective of this microcredit is for the poor people for self-employment. The following are the reasons why microcredit targeted primarily to women because women make better use of small loans than men. That most women do not spend their money on snacks or luxuries than men but instead use their money into providing food for their children/family. Women have a better track record when it comes to repayment, women are a huge untapped labor pool, women have the right to access capital and lastly women who receive loans adopt healthier lifestyles and are empowered.

You might be interested in

There are zero coupon bonds outstanding that have a YTM of 5.97 percent and mature in 19 years. The bonds have a par value of $1

Fed [463]

Answer:

market price = $1,104.20

Explanation:

yield to maturity of zero coupon bonds = (face value / market price)¹/ⁿ - 1

YTM = 5.97%
n = 19 x 2 = 38
face value = $10,000

(face value / market price)¹/ⁿ = YTM + 1

face value / market price = (YTM + 1)ⁿ

market price = face value / (YTM + 1)ⁿ

market price = $10,000 / 1.0597³⁸ = $10,000 / 9.0563 = $1,104.20

8 0

2 years ago

Other things the same, an increase in velocity means that a. the rate at which money changes hands falls, so the price level ris

lisov135 [29]

An increase in the velocity of the money refers to a situation when the rate of changing leads to hand rises and ultimately results in an increase in the price level, indicating an inflation.

<h3>What is velocity of money ?</h3>

Velocity of money refers to a method with the help of which the movement of the money in an economy can be measured. When the number of hands changing money increases, there is an economic growth.

So, option C; states that there is an increase in the velocity of money when the rate at which money changes hands rises, the price level also increases.

Learn more about velocity of money here:

brainly.com/question/13914618

#SPJ1

7 0

1 year ago

Why is it important to YOU to save money ? ILL MARK BRAINLIST * How and why to save money *

dangina [55]

First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom. I would save money by keeping it secure in a special place like a wallet.

7 0

2 years ago

Read 2 more answers

At the beginning of a year, a company predicts total direct materials costs of $900,000 and total overhead costs of $1,170,000.

ASHA 777 [7]

Answer:

1.30

Explanation:

The cost of production is usually split into direct and indirect cost or overheads. the overheads is usually stated as a function of the direct cost( labour, machine hours, materials etc.)

The predetermined overhead rate

= $1,170,000/$900,000

= 1.3

This means that the company will incur an overhead cost of $1.30 for every $1 spent on direct materials.

6 0

2 years ago

To allocate scarce goods and resources, a market economy uses . This means that individuals will get the goods and services if t

4vir4ik [10]

Answer:To allocate scarce goods and resources, a market economy uses non-price rationing preferential treatment price rationing . this means that individuals will get the goods and services if they have the ability to pay meet the government's requirements stand in line at the store.

Explanation: hope this helps u! (:

4 0

3 years ago