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Question 3 of 10

A microfinance institution would most likely offer a loan to an entrepreneur who:

A. is openly critical of free trade policies.
B. belongs to a marginalized social group.
C. lives in a wealthy and developed country.
D. works for a multinational corporation.

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Answer :

GinnyAnswer

Final answer:

Microfinance institutions offer microcredit loans to entrepreneurs from marginalized groups to support business growth and self-employment.


Explanation:

A microfinance institution typically offers loans to entrepreneurs who are part of marginalized social groups and lack access to traditional banking services. These loans, known as microcredit, aim to promote self-employment and business growth among individuals who may not meet the requirements for standard bank loans due to their socioeconomic status.


Learn more about Microfinance loans for entrepreneurs here:

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