Compared to traditional bank loans, microfinance loans have all of the following characteristics except
A) they are much smaller.
B) they require no collateral.
C) they are made more frequently to women than to men.
D) they have repayments that begin at a much later date.
Correct Answer:
Verified
Q45: From 1978 to 2003, the economy of
Q46: Remittances sent from developed countries are estimated
Q47: Since the end of the 2008-2009 recession,
Q48: China and India both have rapidly developing
Q49: Which agency lends money to countries to
Q51: _ refers to the fact that both
Q52: The practice of lending very small amounts
Q53: Related to the Economics in Practice on
Q54: Remittances refer to
A) compensation sent back to
Q55: With microfinance, the mechanism of _ is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents