Question: QUESTION ONE a)Using examples as appropriate explain the main areas of debate in the area of Microfinance. (5 Marks) b)Explain whether Microfinance has been effective

QUESTION ONE

a)Using examples as appropriate explain the main areas of debate in the area of Microfinance. (5 Marks)

b)Explain whether Microfinance has been effective as a tool for poverty reduction using examples from an environment in which you are familiar. (5 Marks)

c)What are some of the challenges of building sustainable commercial Microfinance systems in a country with which you are familiar? Discuss using examples (6 Marks).

d)Relying on examples from your country explain the main principles of Microfinance (4 Marks).

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.