Sunday, April 24, 2016

Week 15 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?


This was a pretty interesting read.  I was surprised that this industry is taken on.  The shear volume of the Microfinance industry is huge.  It has to be in order to make a profit.  This is a great idea, and I am glad it is being taken on to better people's lives.


2) Identify at least one part of the reading that was confusing to you.


What is confusing to me is how clerics made getting a loan from SKS.  I am confused on how these types of people are in a position to affect the lives of so many people. 


3) If you were able to ask two questions to the author, what would you ask? Why?


What is the profit margin exactly?  This seems like a huge endeavor with many moving parts that sap efficiency and cause cost increases.


How hard would it be to set up internationally outside of India?  The market for this is very huge!


4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?


I thought the author was on point with what they are offering.  There is a definite need that has been discovered, and SKS is tapping in on it.  I thought the article explained this concept, and the future of the company very well.

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