VOICED: Egypt's poorest turn to 'microcredit'

VOICED: Egypt's poorest turn to 'microcredit'

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the role of microcredit in Cairo, highlighting the Yoga Khan Foundation's support for small businesses. It addresses the demand for microcredit in Egypt, where only a small percentage of people have access to it. Upcoming legislation aims to expand access but may also pose challenges by making microfinance less accessible to the poorest. Despite economic growth, poverty remains a significant issue in Egypt.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the individual face when starting a business in Cairo?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Yoga Khan Foundation differ from traditional banks in supporting businesses?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is microcredit and how has it impacted people in Egypt?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential risks are associated with the new law regarding microfinance?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current state of the economy in Egypt in relation to poverty?

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