Microfinance Refers to

question 262

Multiple Choice

Microfinance refers to

• A)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 in exchange for a percentage of future profits rather than repaying of loans.
• B)the lending of money contingent upon a daily accounting of all expenditures made and all income generated.
• C)the day-to-day expenses such as coffee for the office,flowers for anniversaries,etc.that are considered too small to be itemized.
• D)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.
• E)the expenditures within an individual household assigned to each individual family member whether they personally generate income or not.

---

Definitions:

Open Pit Coal Mining

The practice of extracting coal from the earth by removing surface layers to create an open pit or borrow, rather than tunneling underground.

Holistic Critical Thinking

An approach to critical thinking that considers the whole picture, including context, perspectives, and possible impacts.

Scoring Rubric

A set of criteria and standards typically used for assessing and grading assignments or performances across several dimensions.