Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed.
Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/ services rendered under microfinance is/are :
1. Credit facilities
2. Savings facilities
3. Insurance facilities
4. Fund Transfer facilities
Select the correct answer using the codes given below the lists ?
(a) 1 only (b) 1 and 4 only (c) 2 and 3 only (d) 1, 2, 3 and 4
4 views
1 Answers
(d) Microfinance is a movement whose object is "a world in which as many poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit but also savings, insurance, and fund transfers."
4 views
Answered