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After reading the article and watching the videos below respond to the following questions. Write in paragraph format: How would you define Micro financing?What are

After reading the article and watching the videos below respond to the following questions. Write in paragraph format:

How would you define Micro financing?What are the benefits? How could "micro" loans be effective in the US to help get people out of poverty? What would need to be done to discourage the reliance on Welfare in order for this to work?Would micro loans work for everyone on Welfare? Why/why not?

Minimum of 2 references. Include citations within the text.

Reading:

  • https://www.theguardian.com/katine/2008/jun/03/livelihoods.projectgoals1

Video:

  • https://www.youtube.com/watch?v=ijdQdrXsUPY

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