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3 years ago

Microcredit loans typically are used to __________.

Social Studies

2 answers:

frez [133]3 years ago

6 0

Micro credit loans typically are used to start a small business out of one's home

Ket [755]3 years ago

3 0

Answer: b. start a small business out of one’s home Microcredit loans typically are used to start a small business out of one’s home.

Explanation:

Microcredit loans are loans provided by financial institutions to individuals in order to establish and run small businesses. These loans are usually given to the poor people in the society. Hence, it is a small loan which helps the poor to become business owners and grow their businesses. Microcredit loans are also known as microloans.

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