contestada

A microfinance institution would most likely work to support which
individual?
O
A. An entrepreneur hoping to start a small business in a developing
country
B. A corporate leader hoping to merge his company with a
competitor
O
O
C. An activist protesting environmental dangers posed by a new
factory
O
D. A political leader who has been critical of globalization's
drawbacks

Respuesta :

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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Answer:

A. An entrepreneur hoping to start a small business in a developing

country