The Global Impact of Microfinance in Empowering Entrepreneurs
  • 1. What is microfinance?
A) Government grants for startups.
B) Investment banking services.
C) Financial services to low-income individuals.
D) Large loans for businesses.
  • 2. Which organization is known for pioneering microfinance?
A) International Monetary Fund.
B) Asian Development Bank.
C) Grameen Bank.
D) World Bank.
  • 3. How does microfinance primarily help entrepreneurs?
A) By providing small loans.
B) By including them in stock markets.
C) By giving away free goods.
D) By providing tax reductions.
  • 4. What is a common criticism of microfinance?
A) Lack of available capital.
B) High interest rates.
C) Inefficient methods.
D) Exclusivity of loans to males.
  • 5. What role do NGOs play in microfinance?
A) Facilitators of programs.
B) Providers of government funding.
C) Major financiers of corporations.
D) Regulators of the banks.
  • 6. What is an essential training component often offered with microloans?
A) Armed security training.
B) Advanced business management.
C) Technology development skills.
D) Financial literacy.
  • 7. Which demographic benefits most from microfinance?
A) Low-income individuals.
B) High-net-worth individuals.
C) Corporate executives.
D) Government officials.
  • 8. What is 'social performance' in microfinance?
A) Profitability of the microfinance institution.
B) Market share growth.
C) Interest rate competitiveness.
D) Impact on clients' lives and communities.
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