Business, 04.11.2021 19:10 jasmine77723
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 $25. Kiva. org boasts a 99% repayment rate. The average loan to an entrepreneur is $388.44 and the average loan amount is $261.14. With a total amount loaned of $283,697,150, how many people are lending money? Assume the average number of loans per lender is 8. (Round your answer to the nearest whole number.)
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