Which of the Following Attributes Is NOT a Feature of Micro-Lending

question 78

Multiple Choice

Which of the following attributes is NOT a feature of micro-lending?

• A) micro-lending involves the provision of credit facilities based on the institutions of waqf and zakat
• B) flexibility in terms of repayment of the loan
• C) micro-lending is provided for the entrepreneurial poor in order to assist them to grow their income with the expectation of greater return
• D) micro-lending is provided for the low-income individuals in order to assist them to grow their physical asset base such as housing loans to generate income through leasing such houses to third part

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Definitions:

International Expansion

The process by which a business grows beyond its home country, entering new markets globally.

Employment Practices

Policies and practices related to the management of individuals in a workplace setting, including hiring, training, evaluating, and terminating employees.

North American Free Trade Agreement

A trade agreement between Canada, Mexico, and the United States aimed at reducing trade barriers and promoting economic integration.

General Agreement on Tariffs and Trade

An international treaty aimed at reducing trade barriers and promoting global economic trade.