An unintended consequence of a new microcredit program is that it makes it more difficult for other lenders to determine if potential borrowers are already deeply indebted and?
A) Allows borrowers to default without losing access to future credit
B) Allows low income families a way to climb out of poverty
C) Allows households to plan for a major event such as paying a dowry without having to sell of assets
D) If the loan is given to women can increase their status in the family or the community
Correct Answer:
Verified
Q10: All of the following are reasons why
Q11: A microenterprise is _.
A) A small family
Q12: Microfinance loans can be as small as_
Q13: While the goal of almost all microcredit
Q14: What is the primary benefit of using
Q16: Which of the following terms describe programs
Q17: Why is it difficult to empirically measure
Q18: The higher the ratio of revenue to
Q19: Most microfinance programs are loans consisting of?
A)
Q20: Contemporary microfinance programs are incredibly diverse which
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