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Exploring GNP Case Study 1

Microenterprise Making It Happen
India

Study Case Study1 and answer the following questions.

1. Before receiving her loan, how did Mala and her husband support their family?

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2. What did Mala use her SHARE loan for?

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3. Aside from giving some additional income, how did Mala’s investment add to the financial stability of the family?

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4. Why didn’t Mala use the money she borrowed from SHARE to pay for the roof and her children’s shoes?

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5. Who are the clients served by the SHARE loan program?

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6. How does microfinance work?

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7. How can microfinance, which works on a small, individual level, affect the larger economy?

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8. This case study shows how microfinancing works in developing economies. Would industrial economies be able to benefit from a similar system? Explain your answer.

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9. How do people get small business loans where you live? How well does the system work? Explain your answer.
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Answers


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