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likoan [24]
3 years ago
9

A microfinance institution would most likely work to support which

History
1 answer:
ki77a [65]3 years ago
3 0

A microfinance institution would most likely work to support an entrepreneur hoping to start a small business in a developing country.

Option: A

Explanation:

In financial market policy there are two types of institution which give loan. One is macro financing institution and another one is micro financing institution.

  • Micro financing institution normally supports small scale industries or start up industries like handicraft industry, business of ladies beauty parlor etc. A new entrepreneur who is hoping to start a small business in developing will get help from microfinance industries.
  • Macro financing institution supports or give loan to large scale industries which need huge money to arrange primary infrastructure, raw materials etc.

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