One of the unique aspects of microfinance loans is that only a small amount of collateral is needed and the loans are usually repaid between two to five years.

Name: One of the unique aspects of microfinance loans is that only a small amount of collateral is needed and the loans are usually repaid between two to five years.
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Microfinance loans are typically characterized by not requiring any collateral at all, focusing instead on small loans to underserved or low-income individuals.

One of the Unique Aspects of Microfinance Loans Is That