MCQOPTIONS
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| 1. |
What is NOT an innovation likely to explain the high repayment rates of microcredit programs? |
| A. | Promising larger and larger loans for borrowers in good standing |
| B. | Public repayments |
| C. | Strong competition between numerous microcredit programs to reduce interest rates |
| D. | Starting repayments before investments are likely to have borne fruit |
| Answer» D. Starting repayments before investments are likely to have borne fruit | |