Which do you think is more effective: giving foreign aid to states or giving microcredit toindividuals to develop businesses? Do you think only microcredit could bring a country out of itsdevelopment...

Which do you think is more effective: giving foreign aid to states or giving microcredit to individuals to develop businesses? Do you think only microcredit could bring a country out of its development issues or are other types of aid also necessary?
Foreign aid is the money that one country gives it to another voluntarily; it can be gift, loan and grant. It is the money transferred across border to foundation and non-government organization (NGO). On the other hand, micro credit to individual defines as loans provide to small business owners with an opportunity to grow the business (Findley et al 2017).
Micro credits are more effective than foreign aids in some areas as it is the quickest way to solve the problem of cash emergency. It gives opportunity to the small business owner who cannot get traditional loans...