How does the USA’s and Europe’s social culture regarding debt affect the microfinance industry?

Europe, a comparison of Germany (more mature lending economy) and Sweden (an emerging lending market) can be made. These are the under-topics for the paper: 1. What is Microfinance? – An introduction to the topic. 2. Microfinance for Small Businesses – Compare the USA’s and Europe’s microfinance industry. Data/Statistics – Process for finding and securing a microloan. Easy/hard? – Effects on the economy. 3. Microfinance for Individuals – Compare the USA’s and Europe’s microfinance industry. Data/Statistics – Process for finding and securing a microloan. Easy/hard? – Effects on the economy. 4. Technological and Social Effects on Microfinance – How do technological changes affect the microfinance industry? – How does the USA’s and Europe’s social culture regarding debt affect the microfinance industry? – What changes has the microfinance industry brought to technology and society?

How difficult was it for a Middle Eastern theocratic society to adapt to the intellectual, technological, economic, political, and social challenges presented by the West in the 18th and 19th centuries?

How difficult was it for a Middle Eastern theocratic society to adapt to the intellectual, technological, economic, political, and social challenges presented by the West in the 18th and 19th centuries? How might this have led to negative stereotypes? Do we similar patterns in certain societies in today’s Middle East in their relations with the West?