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Which of the following is true of microfinance?

Valijon

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Which of the following is true of microfinance?

Which of the following is true of microfinance?
a) It is a not-for-profit concept.
b) The effects of lending are lower for higher-income borrowers.
c) It is subject to nonmarket risks.
d) Those borrowing for non-business purposes decreased household consumption.

Textbook

Business and Its Environment

Business and Its Environment

Edition: 7^th

Author: Baron

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fattykay92

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Valijon Author

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You make an excellent tutor!

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