Education · Economics of Education

Regarding the relationship between Microfinance Institutions (MFIs) and educational outcomes, consider the following statements: 1. Poverty alleviation remains the primary goal of most MFIs, but many new entrants are motivated by selling more products to consumers. 2. MFIs indirectly support education by helping families achieve stable income to afford schooling, addressing financial barriers. 3. Ongoing economic research indicates that financial assistance from MFIs may sometimes lead to children spending more time working on family farms or businesses rather than attending school. 4. Microfinance falls under Macro-Finance as it involves long-term planning, drafting policies, and generating employment at the regional level.