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