Economics · Microfinance
The primary objective of micro-credit programs in rural economies is to:
- 1Provide specialized tactical training to state police forces
- 2Fund the construction of commercial urban shopping malls
- 3Finance the development of international greenfield airports
- 4Provide small, collateral-free loans to marginal farmers and low-income households✓
Correct answer
Provide small, collateral-free loans to marginal farmers and low-income households
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