In the context of entrepreneurship around the world, identify a true statement about microloans.
A) Such loans typically see much lower repayment rate than most types of loans.
B) The failure of such loans has resulted in a decreasing dedication of the U.S.aid budget to microloans for developing nations.
C) The repayment rate on such loans is typically 50 percent.
D) The success of such loans has been substantial, with great strides being made in many desperately poor nations.
Correct Answer:
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