All of the following lending practices have been undertaken by MFIs to lower costs of microlending except

Question

Quizplus · Accepted Answer

Offering 0% interest rates on loans would not lower the costs of microlending for the MFIs, as they would still incur costs such as administrative and operational expenses. Instead, all the other lending practices listed - offering larger loans with each repayment, group liability lending, and requiring prompt repayment - can help lower costs by reducing the risk of default and increasing efficiency.

All of the Following Lending Practices Have Been Undertaken by MFIs