Homework: Economics of Underdeveloped Areas
For this final homework, you will be evaluating the loan you have decided to fund:
o Summarize the objective of the loan in your own words
o Evaluate the terms of the loan: How much money is the borrower seeking? What will the monthly payments be? How large is this monthly payment relative to average income in the borrower's country?
o Discuss why you chose this particular borrower as opposed to others? What factors influenced you? Geography, gender, sector, group/individual lending?
o Given what we have learned about development economics and the data you collected in your economic profile, how will your loan contribute to economic development in the borrower's country? Be specific about the particular issue that your loan addresses and why the loan you are making will promote development.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.