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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