Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?

Question

Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?

Answer 1

A. Indonesia’s Badan Kredit Kecamatan (BKK)
B. the Association for Development of Microenterprice
C. Bangladesh’s Grameen Bank
D. the Enterprice credit program in Kolkata

Correct Answer: the Enterprice credit program in Kolkata ✔

Last Updated: June 18, 2019