Question
Define the term microloan and describe how it helps worn start businesses.
Identify TWO key strategies from the OECD that need more investment in issues relevant to girls
and women.
Answer
A microloan is a small loan given to individuals or small businesses, typically in developing countries, to help them start or expand their business. It helps women start businesses by providing them with access to capital and financial services that they may not otherwise have access to. Two key strategies from the OECD that need more investment in issues relevant to girls and women are: 1) increasing access to quality education and training opportunities, and 2) promoting economic empowerment through access to financial services and markets.