One of the major criticisms of microfinance or microcredit is that:
A)the loans create a dependency on foreign handouts.
B)the loans do not help grow businesses that can hire employees.
C)the loans are rarely repaid.
D)the international community is not involved in making these investments.
E)the loans are not made to people, only firms.

Question

Quizplus · Accepted Answer

The criticism is that microcredit may not help grow businesses that can hire employees because the loans are often too small to make a significant impact on business growth and profitability.

One of the Major Criticisms of Microfinance or Microcredit Is