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fenix001 [56]
2 years ago
14

Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these

loans are called:_____.
Business
1 answer:
jolli1 [7]2 years ago
4 0

microcredit

What is microcredit?

Microcredit is the provision of very tiny loans (microloans) to disadvantaged borrowers who lack collateral, consistent employment, or a verified credit history. It is intended to encourage business and alleviate poverty. Many clients are uneducated and hence unable to complete the documentation required for traditional loans.

Microcredit is a subset of microfinance, which provides the needy with a broader range of financial services, including savings accounts. The Grameen Bank, founded in Bangladesh in 1983, is widely regarded as the birthplace of modern microcredit. Despite initial reservations, many regular banks eventually adopted microcredit. 2005 was designated as the International Year of Microcredit by the United Nations. Microcredit is a method that can potentially help to lessen the feminization of poverty in developing countries.

To learn more about Microcredit

brainly.com/question/21182528

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You might be interested in
Finished goods is often an example of: ________
Elina [12.6K]

Finished goods is often an example of independent inventory.

What do you mean through independent inventory?

An inventory of an object is said to be falling into the category of independent inventory whilst the demand for such an object isn't always based upon the demand for some other object. completed items objects, that are ordered by using external customers or synthetic for stock and sale, are called independent inventory for objects.

What is the difference among independent inventory and structured inventory?

Information this distinction is crucial as the complete inventory policy for an object is based totally on this. Independent inventory is demand for a completed product, such as a pc, a bicycle, or a pizza. established demand, alternatively, is demand for thing components or subassemblies.

What's independent inventory method?

The independent inventory takes place by using the request of clients for merchandise, kit merchandise, provider elements. This call for additionally in my view and independently takes place for each object, and has no dating with different gadgets. consequently it's miles used as it's far to setup the manufacturing plan.

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6 0
2 years ago
The Republic of Livonia has an adult population of 100 million; 60% of Livonia's population is employed, and 10% of the people a
lisov135 [29]

Answer:

3 out of every 5 people

Explanation:

Labor force = 60% of 100 M = 60M

Labor force participation rate = Labor force / Total Population

= 60,000,000 / 100,000,000

= 6/10 = 3/5

The rate therefore is :

3 out of every 5 people are in the labor force

7 0
3 years ago
A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 67,000
s2008m [1.1K]

Answer:

78,100 units

Explanation:

Calculation for the number of equivalent units produced by Department B

Using this formula

Department B Number of equivalent units =

Units finished and transferred from Department B to Department C + (Units that were started in Department B × Percentage completed)

Let plug in the formula

Department B Number of equivalent units= 67,000 units + (18,500 units × 60%)

Department B Number of equivalent units= 67,000 units + 11,100 units

Department B Number of equivalent units= 78,100 units

Therefore The number of equivalent units produced by Department B during the period was 78,100 units

3 0
3 years ago
Landmark Corp. buys $460,000 of Schroeter Company's 6%, 5-year bonds payable, at par value on September 1. Interest payments are
stira [4]

Answer:

g

Explanation:

6 0
3 years ago
Explain how secured credit cards work, including details about the security deposit, how payments work, and why they’re less ris
lawyer [7]

The secured credit cards are backed by a collateral deposit against the risk of default in repayment by the cardholder. Each card is liable to be repaid by the cardholder with the amount of purchases being made.

<h3>What is a credit card?</h3>

A card, or a form of plastic money, issued by a financial institution in such a way that the person to whom such card is issued can utilize it to purchase goods and services on credit, is known as a credit card.

A secured credit card is a safe and risk-free form of issue for the issuer, as it is covered by a security deposit as a collateral. Repayment is done either out of the deposits, or by manual payment by the cardholder.

Hence, the significance of a credit cards is given.      

Learn more about credit cards here:
brainly.com/question/1475993

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8 0
2 years ago
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