Which of the Following Is the Reason That the Practice

Multiple Choice

Which of the following is the reason that the practice of microfinancing developed?

A) Began to serve SMEs in the developed world who were unable to secure financing from banks.
B) Started in Bangladesh to help entrepreneurs start small businesses that would ultimately lift them out of poverty.
C) Began in the poorer sections of Detroit to support the small businesses of working mothers.
D) MNEs developed this practice to finance innovators within their firms.