SOLUTION: Want to donate to a better cause? Consider micro-lending. Micro-lending is a process where you lend directly to entrepreneurs in developing countries. You can lend starting at $32.

Question 1046568: Want to donate to a better cause? Consider micro-lending. Micro-lending is a process where you lend directly to entrepreneurs in developing countries. You can lend starting at $32. Kiva.org boasts a 98% repayment rate. The average loan to an entrepreneur is $417.25 and the average loan amount is $233.84. With a total amount loaned of $283,697,180, how many people are lending money? Assume the average number of loans per lender is 6.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Ok, great.
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