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Author Question: With microfinance, the mechanism of peer lending is a way to avoid the problem of (Read 100 times)

Diane

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Question 1

Microfinance is the practice of lending ________, with no collateral, and accepting ________ savings deposits.


◦ very small amounts of money; small
◦ foreign currency; foreign currency as
◦ money electronically; electronic
◦ government-backed funds; government securities as

Question 2

With microfinance, the mechanism of peer lending is a way to avoid the problem of


◦ capital flight.
◦ imperfect information.
◦ the tragedy of the commons.
◦ a double coincidence of wants.


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Marked as best answer by Diane on Apr 19, 2019

ebenov

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Diane

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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