What Is a Major Source of Criticism for Microfinance Projects

question 18

Multiple Choice

What is a major source of criticism for microfinance projects?

• A) The entrepreneurs do not have the skills to budget their loan money.
• B) The banks do not have sufficient money to make the loans.
• C) The interest rates are too high.
• D) The loans are not always repaid.

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Definitions:

Automatic Behaviors

Actions that are performed without conscious thought as a result of learning, habituation, or innate mechanisms.

Experiential System

Refers to a way of processing information that is automatic, holistic, and driven by emotions and personal experience.

Automatized Behavior

Actions or behaviors that have become automatic due to repetition and are performed without conscious thought.

Cognitive Processes

Mental activities involved in the acquisition, processing, and storage of knowledge.