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Ch. 21 Micro review
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The country where the Grameen Bank originated.
Bangladesh
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How can micro-credit organizations better help women?
help people help themselves
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goods and services are exchanged outside of government control
informal economy
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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
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Name this country.
Mali
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a poorer country with a less advanced economy and are trying to increase their industries and improve life for their people.
developing country
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The name of the economic professor that started the Grameen Band in 1976
Muhammad Yunus
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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
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In addition to making money, how has the peanut-grinding business benefitted its owners?
have learned many valuable business skills.
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In what parts of the world are micro-credit organizations most active?
Africa, Asia, and Latin America
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Name this country
Botswana
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Based on the story about Hasana in West Africa, what do micro-entrepreneurs often need to start their businesses?
a loan to buy equipment
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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
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What is an effect of drought on people living in many African countries?
famine or severe food shortages
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Name this country.
Tanzania
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Name this country.
Uganda
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a small business with few or no employees
micro-enterprise
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Why do women tend to get the most micro-loans?
greatest need and more likely to repay the load
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a simple, sturdy machine that can be used in many ways
multifunctional platform
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this has contributed to widespread poverty in Africa
desertification, disease, natural disaster, or war.
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most common problem faced by poor women in developing countries who want to start businesses
finding money to start a new business
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Traditionally, women in Africa
care for their families and do not earn money.
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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
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How do the street-side restaurants benefit their customers?
allow customers to buy traditional meals at low prices.
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a person who starts and runs a very small business
micro-entrepreneur
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