Countries like India can attain the success of microlending in Bangladesh by asking their lending agencies to avoid specific procedures. Which of the following is an example of a procedure that should likely be avoided?
a. Provide microloans with very low interest rates
b. Protect borrowers from loan sharks
c. Focus on giving loans to individuals, not groups

Question

07-06-2024
Business

Answered

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Countries like India can attain the success of microlending in Bangladesh by asking their lending agencies to avoid specific procedures. Which of the following is an example of a procedure that should likely be avoided?
a. Provide microloans with very low interest rates
b. Protect borrowers from loan sharks
c. Focus on giving loans to individuals, not groups

Sagot :

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