Microlending has
A)been limited to Bangladesh and two other countries because it requires specific conditions.
B)struggled because far too many poor people are unable to pay off their loans under impoverished conditions.
C)been successful in large part due to considerable investments by the United Nations to cover the losses of more than 40% of the unpaid loans.
D)produced million of loans,primarily to women,in more than 40 countries.

Question

Quizplus · Accepted Answer

Microlending has been successful in providing millions of loans primarily to women in more than 40 countries, including Bangladesh. While there may be struggles with loan repayment in impoverished conditions, the UN has not invested in covering losses of unpaid loans as stated in option C.

Microlending Has