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The concept of 'Micro Credit' essentiall...

The concept of 'Micro Credit' essentially concentrates on

A

comsumption smoothening as and when needed

B

providing safe place to hold sayings

C

accepting deposits

D

provision of credit to the poor

Text Solution

Verified by Experts

The correct Answer is:
A

Microcredit is the term used to identify small loans that are made to individuals and entites that would otherwise not be able to obtain any type of credit . The main function of microcredit is to provide finanical services to those poor who do not qualify for standard quality of life.
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