Economics · Banking and Finance
What is a major criticism often associated with unregulated or aggressive microfinance models?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It mandates compulsory linkages with international stock markets.
- 2High interest rates and severe repayment pressure can lead to debt traps.✓
- 3It offers only savings accounts and no credit option.
- 4It completely fails to reach women borrowers.
Correct answer
High interest rates and severe repayment pressure can lead to debt traps.
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