today, we talked about microfinance. Microfinance helps people pay for insurance, education, investments in info structure, and legal reforms. It gives out "small loans." Small loans are usually given to people in developing countries to help them get a small business started. Of course, this has to be a good idea and it will have to make money in order for the person to get a small loan. I think these small loans are a great idea and people should support their local businesses.
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