Which of the following is not characteristic of successful microfinance organizations:
a. close, continuous contact between borrower and lender
b. teams of borrowers who put pressure on each other to repay on time
c. relatively small loans for short-term projects
d. numerous levels of approval required to ensure that loans are sound
e. all of the above characterize successful microfinance organizations
Question 2
Point out the main differences in job conditions and worker characteristics between the urban formal and informal sectors.
What will be an ideal response?
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