Pepe Has Asked About the Possibility of Obtaining a Microloan

question 85

Multiple Choice

Pepe has asked about the possibility of obtaining a microloan from the SBA. This type of loan is awarded primarily on the basis of the

• A) borrower's integrity and the soundness of the business idea.
• B) amount of collateral the borrower can pledge.
• C) borrower's credit history and record of previous business success.
• D) age of the borrower, since only senior citizens qualify.

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Definitions:

Personality Component

Refers to specific aspects or traits that make up an individual's overall personality, contributing to how they think, feel, and behave.

Feeling

An emotional state or reaction that arises spontaneously rather than through conscious effort.

Driven

Being strongly motivated or compelled to achieve something.

Unconscious Efforts

Actions or processes that occur without conscious awareness or intention, driven by the unconscious mind.