The Practice of Offering Small,collateral-Free Loans to Individuals Who Otherwise

question 31

Multiple Choice

The practice of offering small,collateral-free loans to individuals who otherwise would not have access to the capital necessary to begin small businesses or other income-generating activities is referred to as

• A)macrofinance.
• B)microfinance.
• C)microcapitalization.
• D)macrocapitalization.
• E)megafinance.