Monday, December 16, 2013

Today we reviewed for the exam here are some things that i wrote down
trying to get rid of  a population- ethnic cleansing
things that the lost boys went through when they were trying to escape- dehydration, hunger, eaten by lions, attacks from muslims
jobs the men had- factory, fast food (McDonald's), security guard
Where did he lost boys go (city)- panther and dan went to Pittsburgh and john went to c ny
Know terms:
Crude death rate
Crude birth rate
life expectancy
rate of natural increase- birth rate-death rate
net migration rate- immigrants and emigrants
smallest religion judaism
prodominent in india hinduism

Friday, December 6, 2013

test day

Today we took a test on economic geography.  I thought i did pretty good on it and some of the multiple choice options were really funny.   

Wednesday, December 4, 2013

Notes on Microfinance

Microfinance- a form of financial services for entrepreneurs and small businesses lacking access to banking and related services

Microloan- a small loan given to individuals who might not have access to typical banking services, usually to start or expand small, self-sufficient businesses'

As of november 2013, kiva has distributed 498,939,550 loans from 1,015,823 lenders to 1,1777,248 borrowers
average loan is $410.89- so they don't get loads of money
repayment rate for all its partners is 99.01%

Microentrepreneurs receive microloans
       Villagers needing to fund a clinic, hospital, or other health care facility
       teachers trying to run a school
       students wanting further their education

Problems with microloans
    high interest rates- sometimes as high as 23%
    The cost providing banking services to those living in poverty is high.  Being the company that provides         tiny loans can be expensive.

How do microloans help
    Malaria
    banking services


Tuesday, December 3, 2013

Test questions

1.  What is microfinance? is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.

2. What does microfinance do for people? helps them with investments, infrastructure, education and legal reforms.

3. What are micro loans? loans that help people get a kickstart in a small business that they think will contribute to their town or village

4. Who are least likely to be helped by regular banks? poor people
5. What are some problems in developing countries that microfinance can help? Malaria, drought, and clean water

6. Large corporations' prices are (larger/smaller) because the big companies buy their products in a bulge

7. What do the peace corps do? They travel to developing areas and help solve major problems

8. What animal carries the disease of malaria? Mosquitoes

9. What is the number one way to prevent malaria? Nets

10. What attracts mosquitoes? bodies of water

Monday, December 2, 2013

Microfinance Powerpoint

Today, we went over the micro finance power point  that the whole class worked on, well maybe not the whole class, but you know.  Basically, I learned that micro finance is a financial service to low income people that usually can't get help from a regular bank.  Micro loans are loans that people give to people in developing countries to hep them get a kick start in a business that they think will help contribute to their village or town.  Kiva is a great online website for micro loans. 
On Tuesday, you told us your childhood stories and we shared some of ours. It was fun