The Global Impact of Microfinance in Empowering Entrepreneurs

1. What is microfinance?

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

2. Which organization is known for pioneering microfinance?

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

3. How does microfinance primarily help entrepreneurs?

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

4. What is a common criticism of microfinance?

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

5. What role do NGOs play in microfinance?

A) Major financiers of corporations.
B) Facilitators of programs.
C) Providers of government funding.
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) Financial literacy.
D) Technology development skills.

7. Which demographic benefits most from microfinance?

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

8. What is 'social performance' in microfinance?

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

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