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.


Related Solutions

Susan wants to buy a house for $200,000. US Bank will give her the loan at...
Susan wants to buy a house for $200,000. US Bank will give her the loan at 3.5% for 30 years if she puts 20% down and Dacotah Bank will give her the loan at 3.8% for 30 years if she puts 10% down. There are NO other options. (15 PTS) a. Which loan should she sign up for? Pick one, no explanation needed. What is her monthly payment? (5 PTS) b. After 5 years, Susan is approached by a philanthropic...
Susan wants to buy a house for $200,000. US Bank will give her the loan at...
Susan wants to buy a house for $200,000. US Bank will give her the loan at 3.5% for 30 years if she puts 20% down and Dacotah Bank will give her the loan at 3.8% for 30 years if she puts 10% down. There are NO other options. (15 PTS) a-Which loan should she sign up for? Pick one, no explanation needed. What is her monthly payment? (5 PTS) b-After 5 years, Susan is approached by a philanthropic group known...
The class is "Individual Taxation". I have the following questions: Q1.Esther gave an old truck to...
The class is "Individual Taxation". I have the following questions: Q1.Esther gave an old truck to Lamont for use in his business. Esther's basis in the truck was $2,000 and its fair market value on the date of the gift was $500. Esther paid $90 of gift tax on the transaction. What is Lamont's basis for depreciation? Q2. Ten years ago, Edwin Ryan bought 100 shares of a listed stock for $5,000. In June of the current year, when the...
Mary-Jane borrows $650,000 to buy a one bedroom apartment. Her loan calls for equal monthly instalments...
Mary-Jane borrows $650,000 to buy a one bedroom apartment. Her loan calls for equal monthly instalments for over 10 years. Interest on the loan is 5% p.a. At the end of the fifth year, just after paying the instalment due at that time, May has won May won $6million on Powerball and is considering paying out the loan. Required:        How much is required to repay the loan?
1. Which of the following statements describes a risk averse individual? a. Her risk premium is...
1. Which of the following statements describes a risk averse individual? a. Her risk premium is positive b. Her risk premium is negative c. Her risk premium is zero d. None of the above 2. Which of the following statements describes a risk loving individual? a. Her certainty equivalent is greater than the expected value of the income from the chosen activity b. Her certainty equivalent is less than the expected value of the income from the chosen activity c....
Steinar loan a friend 9000 to buy some stock 3 years ago. I the current year...
Steinar loan a friend 9000 to buy some stock 3 years ago. I the current year the debt became worthless. a. How much is Steinar's deduction for bad debt for this year ? Assume he has no other capital gains or losses) $----- as a -'--- bad debt. b. What can Steinar do with the deduction not used this year? The remaining$---- can carried forward as--- and deducted in future years , subject to ----.
QUESTION: Last week I gave a statistic from Wikipedia which listed the average weight of a...
QUESTION: Last week I gave a statistic from Wikipedia which listed the average weight of a person in North America was 177.9. I don’t think this value is correct. Use our class data to test my claim. Use α=.05. CLASS DATA: the average weight of a person is 165.1 the standard deviation is 36.3
QUESTION: Last week I gave a statistic from Wikipedia which listed the average weight of a...
QUESTION: Last week I gave a statistic from Wikipedia which listed the average weight of a person in North America was 177.9. I don’t think this value is correct. Use our class data to test my claim. Use α=.05. CLASS DATA: the average weight of a person is 165.1 the standard deviation is 36.3 sample size is 261
The lender of Lawans student loan canceled her balance due of $33,981 in 2019 which of...
The lender of Lawans student loan canceled her balance due of $33,981 in 2019 which of the following disallow Lawan (29) from excluding the cancel date on her return a) the lender is not a qualified lender b) she died c) she became disabled d) she agrees to teach for 5 yrs in a school that serves low-income
Which of the following credit derivatives gives the holder the right but not the obligation to buy a protection on a loan issue?
Credit Derivative. Which of the following credit derivatives gives the holder the right but not the obligation to buy a protection on a loan issue? This contract has a fixed expiration period.1)Credit default option2)Total return swap3)Credit default swap4)Credit swap5)None of the above
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT