Answer: lives in an underdeveloped country.
Explanation: The purpose of microfinance is to provide financial services to people who lives in an underdeveloped country and generally excluded from traditional banking channels because of their low, irregular and unpredictable income.
Microfinance banking is the provision of a broad range of financial services such as deposits, loans, money transfers and insurance to the poor and low income household and their micro enterprises at affordable cost. The major aim of a micro finance institution is to provide loans and financial services to underserved populations who otherwise wouldn't have them, while the larger goal is to reduce poverty.
Answer:
America's rich and varied natural resources played a key role in the rise of big business. The nation's abundant water supply helped power the industrial machines. Forests provided timber for construction and wooden products. Miners took large quantities of coal and iron ore from the ground.
Explanation:
The Cold War era lasted from the end of WWII to December 25th, 1991. There were many events during that time including the <span>Cuban Missile Crisis, Korean War, and the Vietnam War.</span>
President Johnson envisioned an American society in which poverty and racial discrimination were eliminated. Along with this, he also discussed the need for the conservation of nature, help to the elderly/underprivileged, and the development of America's education system. All of these were admirable goals. However, it would be considered unrealistic to get rid of poverty and racial discrimination as a whole. This would involve a significant amount of government support and a complete cultural change of all American citizens.
Despite not being able to accomplish these goals, this program did receive significant praise because it improved the quality of life for millions of Americans. With programs such as Medicare and Medicaid, individuals who before could not afford medical treatment were now able to see doctors. This also resulted in the free/reduced lunch program which to this day still provides meals for millions of underprivileged students.
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