Which of the following statements is not true?
A) Muhammad Yusuf was concerned about those people not included in economic globalization.
B) Grameen Banking lent small amounts of money to villagers.
C) Although an idealistic attempt,Grameen failed because villagers did not understand the loan-repayment system.
D) Microfinancing was an alternative to large-scale globalization ventures.
E) Traditional bankers attempting microfinancing expected a profitable return on their investments.
Correct Answer:
Verified
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