Author Question: Which of the following is not characteristic of successful microfinance organizations: a. close, ... (Read 93 times)

jace

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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?



Kaytorgator

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Answer to Question 1

D

Answer to Question 2

Discussed in the chapter.



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