Friday, April 22, 2016

Entrepreneur Week 15 Reading Reflection

Once again I could not log into the EBSCO Host link that you provided to access the required reading. However, I did locate an article here https://hbr.org/2008/06/business-basics-at-the-base-of-the-pyramid/ar/1 that appears to be the same article. Once again it is extremely short. This is what I will write my week 15 reading reflection on.
I found it amazing that microfinance could be a profitable business. However, given the volume of the business the numbers work out. I was also impressed that you were able to bypass the corruption in the local finical system to benefit your customers and to make your business a success, And, that SKS has found that women are more likely to repay their loans than men.
I did not find any part of the reading to be confusing.
One question that I would like to ask the author is do you think that microfinance would be of benefit in the United States to help people escape poverty? Second, if the program was implemented in the United States would women still be the target customers?
I have no basis to find anything that the authors were wrong about. I cannot disagree with anything that the authors said. Your project seems to be working where it has been implemented.

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