What does it mean for a microfinance institution (MFI) to be financially sustainable?
A) It has earned a large enough grant to operate without interest and fees from loans
B) Its revenue from interest and fees exceeds its operating costs
C) Donors have guaranteed the funds will remain available
D) It has earned the funds through commercialization
Correct Answer:
Verified
Q1: Which of the following exemplifies benefits of
Q2: Many MFIs aren't able to maintain a
Q3: Microfinance programs were first created by Nobel
Q5: Why is microcredit considered by many to
Q6: As interest rates increase the cost of
Q7: While the goal of almost all microcredit
Q8: As minimum loan sizes _,or as loan
Q9: The penalty for failing to repay a
Q10: All of the following are reasons why
Q11: A microenterprise is _.
A) A small family
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