act5

The economic transaction I made was donating £5 to the Kiva micro-loan company that enables people in other countries to receive small amounts from people to start businesses or establishments on their own. I thought this was an interesting idea as it allows people from poorer backgrounds to become sponsored and fulfil ideas for success that they would not have been able to achieve without the help from others. However, I did read about the corruption in India after I had donated the money about how services were taking advantage of people and making huge profits off the loans which obviously would deteriorate through higher success.