Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the primary focus of microlending programs?
What is the primary focus of microlending programs?
- Collateral requirement
- Loan amount
- Borrower's character and capacity (correct)
- Borrower's gender
What is a significant factor contributing to the success of Grameen Bank among women borrowers?
What is a significant factor contributing to the success of Grameen Bank among women borrowers?
- Receiving larger loan amounts
- Borrowing from traditional banks
- Joining borrowing groups for support and accountability (correct)
- Having collateral for loans
What distinguishes microlending from traditional banks in terms of loan eligibility?
What distinguishes microlending from traditional banks in terms of loan eligibility?
- Having stricter repayment terms
- Not requiring collateral (correct)
- Focusing on borrower's gender
- Providing larger loan amounts
What is the primary aim of the Global Fund for Women?
What is the primary aim of the Global Fund for Women?
Signup and view all the answers
What is a positive secondary effect of both microlending and the Global Fund for Women mentioned in the text?
What is a positive secondary effect of both microlending and the Global Fund for Women mentioned in the text?
Signup and view all the answers
