The Average Microloan Is for $25,500 with a Maturity of 37

question 135

True/False

The average microloan is for $25,500 with a maturity of 37 months (the maximum term is six years).

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Definitions:

Behavior Category

A classification of actions or responses according to specific criteria or characteristics, often used in psychology and organizational studies to understand patterns of behavior.

Relationships

The connections or associations between individuals or entities based on bonds of friendship, family, work, or other social scripts.

Initiating Structure

A leadership behavior that involves setting up clear roles, guidelines, and tasks for a group or organization to achieve its goals.

Definite Standards

Clear and precise criteria or benchmarks that must be met or followed.