Which of the Following Statements Captures the Idea of Microcredit

Multiple Choice

Which of the following statements captures the idea of microcredit that has developed in South Asia?

A) accepts development loans only from lenders in the developing world
B) forgives all but a meager 5 percent of foreign debt owed by countries
C) makes small loans available to poor entrepreneurs
D) offers collateral-free loans to private, locally owned companies