26. Which country is credited with successfully implementing micro-credit to drive rural development?
a) Kenya
b) Brazil
c) China
d) Indonesia
27. How does micro-finance contribute to women’s empowerment?
a) By providing access to credit and financial services
b) By offering skills training and capacity building
c) By promoting gender equality and women’s rights
d) All of the above
28. What is the role of credit unions in micro-credit?
a) To provide financial services to low-income individuals
b) To offer small loans to entrepreneurs
c) To promote cooperative financial services in rural areas
d) All of the above
29. Which of the following is a common challenge faced by micro-credit borrowers?
a) Lack of collateral for larger loan amounts
b) Limited access to banking services
c) High interest rates
d) All of the above
30. How does micro-credit help in poverty alleviation?
a) By promoting entrepreneurship and income generation
b) By providing access to financial services
c) By encouraging economic development in marginalized communities
d) All of the above
