Economics · Banking and Finance
The primary core function of Microfinance Institutions (MFIs) is to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Regulate and formulate national monetary policy
- 2Offer financial services to individuals excluded from the traditional banking system✓
- 3Provide large-scale corporate loans to multinational companies
- 4Charge high interest rates to rural borrowers to increase profit margins
Correct answer
Offer financial services to individuals excluded from the traditional banking system
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