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How Has the Nonprofit Organization, Kiva, Improved the Microloan Program

Question 31

Multiple Choice

How has the nonprofit organization, Kiva, improved the microloan program in the microfinance concept?


A) They are offering funding to more individuals.
B) They are loaning money for as little as $25 to entrepreneurs in developing countries lacking access to traditional banks.The loan applicants' information are on the Kiva webpage and individuals can choose to loan money to an applicant.
C) They are offering smaller amounts to individuals and not charging interest.
D) They are staying in India and staying local.

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