Multiple Choice
practice of offering small,collateral-free loans to individuals who otherwise would not have access to the capital necessary to begin small businesses or other income-generating activities,is referred to as
A) macrofinance.
B) microfinance.
C) microcapitalization.
D) macrocapitalization.
E) megafinance.
Correct Answer:
Verified
Correct Answer:
Verified
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