Micro Credit and Micro Finance

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31. Which type of micro-finance emphasizes social impact over financial returns?

a) Commercial micro-finance

b) Social micro-finance

c) Islamic micro-finance

d) Online micro-finance

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32. What is the maximum loan amount typically offered through micro-credit programs?

a) $10,000

b) $5,000

c) $1,000

d) $500

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33. How does micro-finance contribute to sustainable development?

a) By promoting financial inclusion and reducing poverty

b) By funding environmentally-friendly projects

c) By supporting social enterprises and community development initiatives

d) All of the above

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34. Which of the following is a potential benefit of micro-credit for borrowers?

a) Increased income and economic stability

b) Improved living standards

c) Expansion of business opportunities

d) All of the above

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35. Which organization conducts micro-credit and micro-finance programs in over 100 countries?

a) World Bank

b) United Nations

c) International Monetary Fund

d) Bill and Melinda Gates Foundation

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