3 Questions
Which type of risk in microfinance refers to the risk of default by borrowers?
Credit risk
What is the purpose of risk management in microfinance?
To ensure the success of microfinance programs
What is operational risk in microfinance?
The risk of losses due to inadequate or failed internal processes, people, and systems
Test your knowledge on risk management in microfinance and learn about the essential strategies and practices employed by microfinance institutions (MFIs). This quiz will help you understand the importance of risk management in ensuring the sustainability and success of MFIs in providing small loans to individuals and businesses without traditional banking services.
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