Modern Microfinance Schemes, Even in Some Muslim Countries, Dominated by Interest-Based

question 100

True/False

Modern microfinance schemes, even in some Muslim countries, dominated by interest-based products, originally meant to provide access to credit for the poor, may end up further impoverishing them.

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Definitions:

Ethical Considerations

Principles and standards that guide behavior in conducting activities, ensuring respect for individuals and societal norms.

Human Development

The multidisciplinary study of how people change and grow over the course of their life.

Human Diversity

The vast range of differences among humans, including but not limited to race, ethnicity, gender, age, sexual orientation, and physical abilities.

Cross-Sequential Research

A research method that combines both cross-sectional and longitudinal designs to analyze variables over time in several groups of different ages.