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mart [117]
3 years ago
12

Why is microcredit so.important for poorer countries/regions?

Social Studies
1 answer:
hjlf3 years ago
5 0

Answer:

The idea was simple enough: By giving a very small loan to someone living in a poor country, you could help them expand a small business, which would lift their family out of poverty. When they pay back the loan, the money can be cycled to more borrowers, getting more families out of poverty.

Explanation:

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