Due March 27th Business
Module Two Discussion Forum – Due March 27 300 words
Kiva.org was created in 2005 to provide loans to entrepreneurs in developing countries in order to alleviate poverty and expand economic opportunity. The loans are small and referred to as microfinancing or microcredit. As anyone can make a loan through their website, Kiva brings a crowdfunding approach to microfinancing.
Review the Kiva Case in your textbook at the end of Chapter Two and/or video at the following link
https://tinyurl.com/2rvmwrd9 (opens in new window). Respond to the following questions in the discussion forum:
1. Why is there a need for organizations like Kiva? Explains the principle of the “invisible hand” according to Adam Smith as related to entrepreneurs?
2. Why is lending money to entrepreneurs a better idea in developing an economy than seeking donations to alleviate economic hardships?
3. Discuss why many think capitalism gives entrepreneurs the best opportunity to be successful. Why would an entrepreneur in the United States need a microloan from Kiva.org?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more