Week 15 Reading Reflection

1. The biggest surprise for me in the reading was how micro finance is a solution to poverty. I have heard many things about poverty and different ways to solve it but micro finance was never one of the things anyone talks about as a possible solution.

2. One part of the reading that was confusing to me was the part about having Indian villagers explain when they would need to borrow money or not. Also, I was wondering how the exchange rate from whatever money these impoverished countries used to the U.S. dollar. Even though their company is a non-profit they still need to break even or else their business would be losing money and would not be able to maintain itself.

3. If I could ask the author two questions, I would ask: 1). How do you get the people in these countries to trust your business as a method of money lending? 2). Which country has been the most successful to your business so far?

4. There wasn't anything in the reading I thought the author was wrong about.