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Author Question: Compared to traditional bank loans, microfinance loans have all of the following characteristics except (Read 111 times)

strangeaffliction

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Question 1

With microfinance, the mechanism of ________ is a way to avoid the problem of imperfect information.


◦ requiring no collateral
◦ peer lending
◦ making only small loans
◦ accepting savings deposits

Question 2

Compared to traditional bank loans, microfinance loans have all of the following characteristics 
except


◦ they are much smaller.
◦ they require no collateral.
◦ they are made more frequently to women than to men.
◦ they have repayments that begin at a much later date.


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Marked as best answer by strangeaffliction on Apr 19, 2019

enass

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