Several MFIs take advantage of an innovative lending technology known as group liability lending.What is the advantage of group liability lending
A) Its shifts the burden of screening and supervising from group members to loan officers
B) It reduces the risk involved in borrowing from an MFI
C) It lowers lending costs by shifting some the burden of screening and supervising from loan officers to group members
D) It provides borrowers with dynamic incentives for repayment
Correct Answer:
Verified
Q19: Most microfinance programs are loans consisting of?
A)
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Q23: It has been argued that MFI's goal
Q24: In order for an MFI to be
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