4 years ago

A microfinance institution would most likely work to support which

1 answer:

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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