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Economics News for English Learners – Program 4

Indian State Seeks Limits on Microfinance After Reports of Abuses

Is microfinance something you’re knowledgeable about? Are you a microlender or someone who benefits from microcredit borrower? Do you think microfinance is a good or bad way to borrow money? Share your insights with us.

1 Comment Already

  1. Profile photo of admin admin says:

    English Vocabulary: CREDIT
    used in the phrase `to your credit” in order to indicate an achievement deserving praise; “she already had several performances to her credit”;
    give someone credit for something; “We credited her for saving our jobs”
    have trust in; trust in the truth or veracity of
    an accounting entry acknowledging income or capital items
    money available for a client to borrow
    arrangement for deferred payment for goods and services
    an entry on a list of persons who contributed to a film or written work
    recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours
    accounting: enter as credit; “We credit your account with $100”
    approval; “give her recognition for trying”; “he was given credit for his work”; “give her credit for trying”; “the credits were given at the end of the film”
    give credit for; “She was not properly credited in the program”
    a short note recognizing a source of information or of a quoted passage; “the student”s essay failed to list several important citations”; “the acknowledgments are usually printed at the front of a book”; “the article includes mention of similar clinical

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