Which of the Following Is False About Microfinance

Which of the following is false about microfinance?

A) The purpose of microfinance is to facilitate lending to micro and small entrepreneurs, building financial sectors that are closely interconnected with local economies, enabling the establishment of payment systems and new savings opportunities for households.
B) Microfinance institutions today include thousands of providers in different stages of operational development and different legal statuses.
C) It is important that financial services providers operate profitably and effectively meet regulatory requirements, with professional structures and processes in accounting and risk management.
D) In 2015 about 500 institutions operated in microfinance worldwide for about 80 countries.
E) A trend for microfinance institutions is to move from a profit to a non-profit status.