When Obtaining Microcredit, Small Groups of Low-Income Entrepreneurs Can Borrow

question 90

True/False

When obtaining microcredit, small groups of low-income entrepreneurs can borrow money at competitive rates without having to put up collateral.

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Mail Source

The origin or sender of a piece of mail or package.

Revenues And Profits

Financial terms where 'revenues' refer to the total income generated from normal business operations, and 'profits' signify the remaining income after all expenses have been deducted.

Intermediate Court

A level of court between the lower courts and the highest courts, typically involved in hearing appeals from decisions of lower courts.

Jointly And Severally Liable

A legal term describing a situation where two or more parties can be held responsible individually or together for a debt or liability.