Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

What is Kiva's approach to microfinancing?

A. Microcrediting
B. Command financing
C. Resource development
D. Free-enterprise capitalism
E. Crowdfunding

Sagot :

GinnyAnswer

Final answer:

Kiva facilitates microloans through crowd-sourced fundraising with a high repayment rate of 97%.


Explanation:

Kiva's approach to microfinancing involves facilitating microloans through crowd-sourced fundraising on their platform. Individuals can make small donations to borrowers in developing countries, who repay the loans with interest. This model has been highly successful, with a repayment rate of 97% among the poorest borrowers.


Learn more about microfinancing here:

https://brainly.com/question/33584766


Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.