Many nongovernmental organizations (NGOs) finance micro-enterprise loans to developing nations. How do NGOs' small-business investments promote economic development?

Respuesta :

NGOs' small-business investments promote economic development by providing money, services, or goods directly to the people to circumvent government involvement, since many developing nations have corrupt practices.

What is NGO?

NGO means non governmental organization.  A non-profit organization refers to the coming together of individuals, with the aim of operating and improving the community.

Characteristics of a non-governmental organizations are;

1. Voluntarily formed.

2. Independent of government.

3. They are not for private profit or gain.

4. Their principal is to improve the circumstances and prospects of disadvantaged poor needy people.

Learn more about NGOs here: https://brainly.com/question/10891518

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