The poor,interested in starting a small business in a developing country,are most helped by
A)insurance brokers who reassure the bank that the new business does not pose a credit risk.
B)banks that provide large loans that permit the new business to establish a solid foundation.
C)the involvement of women in the new business,due to their reputation as good workers.
D)the availability of microloans from a new kind of bank.

Question

Quizplus · Accepted Answer

Microloans from a new kind of bank are the most suitable option for the poor interested in starting a small business in a developing country. Microloans are smaller in amount and have shorter repayment periods, making them more accessible to people with limited financial resources. Additionally, the new type of bank that offers microloans often provides training and support to the borrowers to increase their chances of success.

The Poor,interested in Starting a Small Business in a Developing