theory the concept of microfinanace exercises made by UCSG students

1. TRANSFERABLESKILLS STRATEGIES FOR UNDERSTANDINGUNKNOWN WORDS PAG .109
Discussinpairs or group:
What do youdo whenyoucome across an unknownWordin yourownlanguage?
Didyou match the FAQsto the sectionsinthe textabove withoutknowingall the words?
10 minutestocomplete task
Match the definitionsonpage 110 to wordsand phrasesintthe textabove and discuss
You arrivedat youranswer: 5 minutestocomplete thistask.
1 sees(A) envisions
2 securityguarantee B collateral
3 businesspeople thatworkathome C house holdbasedentrepreneurs
4 Organisations D entities
5) necessity D requirement
6) buildor take advange F capitalise on
7) extremelypoorpeople F the destitute
8 numberof people bykm2 G populationdensity
9 do businessoverthe longterm.G operate sustainably
a) Unsalaried (a and b) no monthlyincome
b) Microenterprise c verysmall business
c) Irregular E not regular
d) Undependable E not dependableornotreliable
e) Self-empowerment E take control of yourlife oractivity.
f) Regardless F not affectedbycircumstance orsomething
g) Inappropriate F not appropriate,notcorrect
CRITICALANALYSIS
SOME COMMERCIAL BANKSWOULD LIKE TO ENTER THE FIELD OF MICROFINANCE
INTENDINGTO MAKE PROFITSANDNOT JUST COVER COSTS.
What do youthinkaboutthis? Couldit be a profitable business? Isitethic?

2. THERE IS AN INCREASEAMOUNT OF INTERESTIN MICROFINANCE
FOR POORPEOPLE IN THE RICH DEVELOPED WORLD.
Why do youthink thisis the case?
Do youthinkthere isa real needforthis?
What are the changesof success?
Write downyourviewsina piece of paper. Putyour namesonit.
10 minutes group/pairs task.
Average income of begging usd 30 daily