Reading Reflection - Week 15

Reading Reflection

For each reading reflection post, I ask you to address the following areas:

1)      What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

I’ve never heard of Microfinancing before and to learn that these type of financing options are available to those who otherwise would not have this option available is a great idea. I like how it is setup to be like a community bank for these communities, that they can go these institutions and know they can seek out help and not be taken advantage of.

2)      Identify at least one part of the reading that was confusing to you.

I did not find anything confusing about this article. Found it to be interesting and very informative.

3)      If you were able to ask two questions to the author, what would you ask? Why?

Are these types of business regulated like other financial institutions? Will Microfinancing business increase in the coming years?

4)      Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? 

I don’t think the author got anything wrong. They provided good examples to tell the story.