0 the activity or business of providing financial services, such as small loans, to poor people or new businesses that cannot use traditional banking services, usually in developing countries: --
Microfinance has been very effective in Guatemala.
1 the activity or business of providing financial services to poor people or new businesses in poor countries: --
Since 1976, microfinance programs have sprung up in developing nations around the world.
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Both sides of microfinance are covered, the provision of credit and savings facilities.
Microfinance can be defined as small-scale credit and finance services for the poor.
No proper analysis of the data or the evidence of the effectiveness of microfinance is undertaken.
There are problems both in making microfinance self-sustaining and in achieving aims such as targeting it at the poor - especially the very poorest.
Abbink et al. (2006) look at free-riding of loan repayment in microfinance institutions using an economic experiment.
However, theoretical and empirical analysis of the capacity of community organisations (and hence of donor, microfinance and private sector backers) to respond to this challenge is lacking.
Econometric techniques could be used to evaluate their overall effectiveness, including secondary effects which extend beyond the immediate recipient of microfinance.
Bangladeshi individuals and organisations have managed to achieve global renown with innovative strategies in the arena of development and poverty alleviation, for instance, with microfinance and adult education.
Managing Your Emotions
What makes me angry?
Какво ме ядосва?
Mostly,l hate when someone tries to make someone else feel bad.
Най-вече мразя, когато някой се опитва да накара някой друг да се чувства зле.
I have to admit that once, when l was actually called names.
Трябва да призная, че веднъж, когато наистина ме нарекоха.
l regretted doing this afterwards, but not full heartedly because l think l was provoked in that situation.
След това съжалявах, че го направих, но не искрено, защото смятам, че бях провокиран тази ситуация.
The most postive way of dealing with anger is talking about the problem.
Най-положителният начин за справяне с гнева е да говорите за проблема.
l talk to someone who listens, or l'll write my thoughts down on paper.
Говоря с някой, който ме слуша, или ще напиша мислите си на хартия.
Learning how to deal with anger as you're growing up is so important.
Да се научите как да се справяте с гнева, докато растете, е толкова важно.
When you're younger, you might yell,or cry when you're angry, but as you get older, you're expected to handle your emotions much better.
Когато си по-млад, може да крещиш или да плачеш, когато си ядосан, но когато остарееш, ти си се очаква да се справят с емоциите ви много по-добре.
Learning to control your emotion now will prevent you from doing something that you'll regret later on in life!
Ако се научите да контролирате емоциите си сега, ще ви попречи да направите нещо, което ще направите съжалявам по-късно в живота!