5 Questions
What is the primary focus of microlending programs?
Borrower's character and capacity
What is a significant factor contributing to the success of Grameen Bank among women borrowers?
Joining borrowing groups for support and accountability
What distinguishes microlending from traditional banks in terms of loan eligibility?
Not requiring collateral
What is the primary aim of the Global Fund for Women?
Providing grants to women's groups to address social issues
What is a positive secondary effect of both microlending and the Global Fund for Women mentioned in the text?
Improving the social status of women
Test your knowledge about microlending and its impact on financial inclusion for women with this quiz. Explore the challenges faced by poor women in accessing traditional bank loans and learn about the concept of microlending pioneered by Grameen Bank in Bangladesh. Understand how microlending provides small loans to individuals without requiring collateral, promoting financial empowerment and inclusion.
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