The Conventional MFIs May Go as Far as Threatening the Defaulting

question 110

True/False

The conventional MFIs may go as far as threatening the defaulting party and the sale of assets to deal with defaults and settle the outstanding balance.

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Definitions:

Priority Attention

The action of focusing efforts and resources on tasks or issues deemed most important or urgent at a given time.

After-Action Review

Formally examines results to identify lessons learned in a completed project or special operation. Such a process ought to be part of the organisation’s knowledge management process.

Structured Review

A systematic approach in evaluating or assessing a particular subject matter based on predefined criteria and methodologies.

Performance Exceeded

Surpassing the expected or required level of task completion or achievement of goals.