Forestion
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| Joined: 09 Mar 2013 |
| Total Posts: 15364 |
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| 14 Oct 2014 08:22 PM |
read the passage and answer questions
A Little Can Go a Long Way In a village in Uganda, a woman named idk ran a small store. She sold food and other useful items. However, she had trouble making enough money to keep the shelves stocked. To stay in business, she got a microfinance loan—a small sum of money from a person in another country. It was just enough for her to buy a cell phone. She let villagers make calls using her phone and charged them a small fee for each call. This helped her make enough money to keep her shelves stocked with items. she then used the money to send her children to school and improve their lives, as well as her own.
Microfinance is the practice of giving small loans to people in need. Most microfinance loans are for less than two hundred dollars. The loans are used to start or expand a small business, such as catching fish, raising chickens, weaving, or selling produce. Lenders are willing to make these loans because most of the people who receive them are very likely to repay the loans.
Microfinance loans are important for several reasons. The businesses that these loans support often provide needed services or goods to their communities. Also, many of the people who receive microfinance loans cannot get money any other way. And although they have to pay a high rate of interest on the money they borrow, the rate is lower than if they borrowed from a local moneylender.
It doesn’t seem like such a small amount of money could make a big difference, but microfinance loans have been shown to help improve individual lives and revitalize whole communities like hers’s.
Questions:
SKILL PRACTICE: Read each question. Fill in the bubble next to the correct answer.
1. Why did she buy a cell phone? A. to make calls to order goods B. to make additional money for her business C. to link her village with other villages D. to call villagers to tell them about her store
2. Why do you think so many microfinance borrowers are likely to repay their loans? A. The borrowers are both successful and grateful. B. The lenders threaten them if they do not repay. C. The interest rates are very low. D. The borrowers become rich from the loans.
3. One wayidk’s loan helped her community was by .... A. making her wealthier than her neighbors B. giving villagers a way to make phone calls C. helping villagers get their own loans D. sending children from her village to school
4. Based on information in the passage, which statement about her village is most likely true? A. Many people own their own stores. B. All of the children go to school. C. Most people receive microfinance loans. D. Few people have phone service.
STRATEGY PRACTICE: If you were given a microfinance loan, what would you do with the money?
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TBPMMW
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| Joined: 14 Sep 2012 |
| Total Posts: 13621 |
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| 14 Oct 2014 08:23 PM |
no excuses 'cause you're Asian
smitty werbenjagermanjensen was #1 |
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exerass
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| Joined: 13 Mar 2012 |
| Total Posts: 390 |
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| 14 Oct 2014 08:23 PM |
Did you actually write the whole thing down
Other siggy got me banned for 1 week. Go figure |
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Forestion
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| Joined: 09 Mar 2013 |
| Total Posts: 15364 |
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OTJuice
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| Joined: 16 Mar 2014 |
| Total Posts: 9580 |
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| 14 Oct 2014 08:26 PM |
HOW ABOUT YOU GO DO YOUR HOMEWORK YOURSELF YOU NEED KNOWLEDGE TO PASS 4TH GRADE OR ELSE YOU NEED TO START IT OVER AGAIN AND NOT GO TO 5TH GRADE WITH EVERYBODY ELSE |
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| 14 Oct 2014 08:26 PM |
| First one is (B) i gotta do my own HW now though |
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XTGNecro
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| Joined: 26 Oct 2008 |
| Total Posts: 18514 |
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| 14 Oct 2014 08:27 PM |
| YOUR ASIAN YOU CAN DO THIS |
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Forestion
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| Joined: 09 Mar 2013 |
| Total Posts: 15364 |
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| 15 Oct 2014 06:17 AM |
| i got the answers to it and i linked them this thread to read the passage |
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| 15 Oct 2014 06:19 AM |
| Why would you forum about this when you could just ask your parents? |
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| 15 Oct 2014 06:25 AM |
| didn't you say like you got all the A's in class |
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| 15 Oct 2014 06:52 AM |
| sorry im not in pre-algebra |
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Halo5307
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| Joined: 21 Nov 2009 |
| Total Posts: 16455 |
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| 15 Oct 2014 06:55 AM |
B A B D i would buy stuff done!11
~shonen jump subscriber, anime reader, gamer/modder~ |
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feline75
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| Joined: 08 May 2012 |
| Total Posts: 6169 |
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| 15 Oct 2014 07:14 AM |
| seriously read the passage and answer the questions you do not need help on this |
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Halo5307
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| Joined: 21 Nov 2009 |
| Total Posts: 16455 |
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| 15 Oct 2014 06:26 PM |
wait did i get it right
~shonen jump subscriber, anime reader, gamer/modder~ |
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Forestion
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| Joined: 09 Mar 2013 |
| Total Posts: 15364 |
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| 15 Oct 2014 06:54 PM |
| some idiot on yahoo answers gave me one wrong answer and it probably dropped my grade down smh |
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| 15 Oct 2014 06:59 PM |
| Please never breed. It seems you have the intelligence of a kindergartner, if not less. Seriously, how can you not find the answers for this? They are all IN THE DAMN PASSAGE which you are apparently too stupid to read. |
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| 15 Oct 2014 07:02 PM |
are you this stupid?
bulbous bulbosities |
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| 15 Oct 2014 07:07 PM |
1. B 2. B 3. B 4. D do the last one on your own you asian chump |
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| 15 Oct 2014 07:08 PM |
"i have all As!!1!!1!" my ass this is easy are you kidding me do it yourself you potato with eyes |
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Halo5307
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| Joined: 21 Nov 2009 |
| Total Posts: 16455 |
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| 15 Oct 2014 07:35 PM |
>you potato with eyes i died
~shonen jump subscriber, anime reader, gamer/modder~ |
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