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.

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Definitions:

Mentoring Relationship

A dynamic, supportive partnership between an experienced mentor and a less experienced mentee.

Openness

In psychology, a personality trait that involves the willingness to try new things, be creative, and think outside the box.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.

Employee Performance

The job-related actions and behaviors of an employee that contribute to the goals of the organization.