Which of the following exemplifies benefits of microcredit programs which would be considered a spillover effect?
A) A small village's telecommunication services improves as a result of a micro-entrepreneur selling time on a cell phone
B) A microloan allows a farmer to purchase better equipment which raises his income
C) A household uses a microcredit program to save a sick family member
D) A household uses a micro loan to pay off a higher interest loan
Correct Answer:
Verified
Q2: Many MFIs aren't able to maintain a
Q3: Microfinance programs were first created by Nobel
Q4: What does it mean for a microfinance
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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