Microfinance is an activity,first started in________, to provide loans for ________ purposes.
A)the World Bank; national development
B)Canada; business development
C)Bangladesh; business development
D)Bangladesh; consumption
E)the World Bank; business development

Question

Quizplus · Accepted Answer

Microfinance was first started in Bangladesh as a means of providing access to credit and financial services to low-income individuals and entrepreneurs in order to promote business development and alleviate poverty. The concept was pioneered by Muhammad Yunus and the Grameen Bank in the 1970s.

Microfinance Is an Activity,first Started In________, to Provide Loans for ________

Microfinance Is an Activity,first Started In, to Provide Loans for