Question

In: Economics

I gave a loan to an individual in kenya, which will enable her to buy more...

I gave a loan to an individual in kenya, which will enable her to buy more materials to boost and help with her business.

How does this specific loan advance 1 specific Sustainable Development Goals in kenya?

Rubric:

Justification (Sustainable Development Goals) for providing loan to individual is highly convincing and uses data collected very effectively to justify loan

Solutions

Expert Solution

The ambiguous goals of Kenya address major development and challenges faced by the people in Kenya. The major development goals of sustainable development in Kenya are:
No poverty: Poverty is one of the most important problem faced by all of the countries. Several people losses their lives in the world due to poverty. Even they cannot get proper food at proper time.
No hunger: Poverty leads to hunger and deaths. Achieving food security also considered as the main goal. There should inevitable to promote sustainability of agriculture.
Good health and wellbeing: Ensuing healthy lives and good health facilities like efficient hospitals and well trained doctors.
Quality education: Education promotes the growth in current and future. Education enhances the skills and qualification of peoples in Kenya.
Gender equality: Equal rights ensured for both men and women. This equality create high rate of growth and productivity also.
Clean and sanitation
Clean and affordable energy
Economic growth with descend jobs.
Infrastructure, industry and innovation
Reduction in inequalities
Sustainability in cities and communities
Climate action
Responsibility over consumption and production.
The personal loan to Kenya people increase their consumption pattern and individual production. It gives loan to regular salaried employees. Loans provided with low interest rate to reducing the balances. Through individual loan the production can be raised and it also boost materials required for their production. One of the main goal of Kenya is sustainability of their cities. This can be ensured using these loans.


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