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Ch. 21 Micro review
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The name of the economic professor that started the Grameen Band in 1976
Muhammad Yunus
Name this country.
Tanzania
Name this country.
Uganda
Name this country.
Mali
Name this country
Botswana
How can micro-credit organizations better help women?
help people help themselves
Why do women tend to get the most micro-loans?
greatest need and more likely to repay the load
In what parts of the world are micro-credit organizations most active?
Africa, Asia, and Latin America
a poorer country with a less advanced economy and are trying to increase their industries and improve life for their people.
developing country
How do the street-side restaurants benefit their customers?
allow customers to buy traditional meals at low prices.
In addition to making money, how has the peanut-grinding business benefitted its owners?
have learned many valuable business skills.
Traditionally, women in Africa
care for their families and do not earn money.
What is an effect of drought on people living in many African countries?
famine or severe food shortages
The country where the Grameen Bank originated.
Bangladesh
Based on the story about Hasana in West Africa, what do micro-entrepreneurs often need to start their businesses?
a loan to buy equipment
The women of Sanankoroni bought their machine with a loan from the United Nations Development Programme (UNDP) which is an example of a
micro-credit organization
a simple, sturdy machine that can be used in many ways
multifunctional platform
What micro-enterprises does Saajjabi run in Uganda
rents spaces at the Kalerwe market to other vendors, sells cans of water to locals, or owns a parking lot at the Kalerwe market
this has contributed to widespread poverty in Africa
desertification, disease, natural disaster, or war.
most common problem faced by poor women in developing countries who want to start businesses
finding money to start a new business
goods and services are exchanged outside of government control
informal economy
a person who starts and runs a very small business
micro-entrepreneur
benefits provided by women who start small businesses in Africa
create new jobs, send their children to schools, or build new homes for their families
In traditional societies with gender-based division of labor, the kind of work a person does depends mainly on that person’s
sex or gender
a small business with few or no employees
micro-enterprise