Microfinancing is considered a newer form of social impact investing.

Name: Microfinancing is considered a newer form of social impact investing.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Microfinancing is a relatively new and innovative form of social impact investing. It involves providing small loans, savings accounts, and other financial services to individuals or groups who may not have access to traditional banking services. The goal is to promote economic development and alleviate poverty in underserved communities.

Microfinancing Is Considered a Newer Form of Social Impact Investing