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Development Economics
» Finance, Growth and the Poor »
Introduction to Microfinance (Portfolios of the Poor)
» Introduction to Microfinance (Portfolios of the Poor) - Practice Questions
Introduction to Microfinance (Portfolios of the Poor) - Practice Questions
1. In the book Portfolios of the Poor, the authors found that incomes of the poor:
*
were low, but consistent
were low and inconsistent
tending to be higher than $1 per day during some periods of the year and less than $1 day during other periods
2. Which of the following is NOT a concern of microfinance?
*
poor are often entrepreneurs by circumstance, not by preference
microfinance also implies micro debt
micro credit is inefficient and unreliable
