The Global Impact of Microfinance in Empowering Entrepreneurs

1. What is microfinance?

A) Government grants for startups.
B) Investment banking services.
C) Large loans for businesses.
D) Financial services to low-income individuals.

2. Which organization is known for pioneering microfinance?

A) World Bank.
B) International Monetary Fund.
C) Asian Development Bank.
D) Grameen Bank.

3. How does microfinance primarily help entrepreneurs?

A) By including them in stock markets.
B) By providing tax reductions.
C) By providing small loans.
D) By giving away free goods.

4. What is a common criticism of microfinance?

A) Lack of available capital.
B) Exclusivity of loans to males.
C) Inefficient methods.
D) High interest rates.

5. What role do NGOs play in microfinance?

A) Providers of government funding.
B) Regulators of the banks.
C) Major financiers of corporations.
D) Facilitators of programs.

6. What is an essential training component often offered with microloans?

A) Armed security training.
B) Financial literacy.
C) Advanced business management.
D) Technology development skills.

7. Which demographic benefits most from microfinance?

A) Low-income individuals.
B) Corporate executives.
C) Government officials.
D) High-net-worth individuals.

8. What is 'social performance' in microfinance?

A) Impact on clients' lives and communities.
B) Interest rate competitiveness.
C) Profitability of the microfinance institution.
D) Market share growth.

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