which of the following statements about the grameen bank is false? a. about half of the borrowers are women…
which of the following statements about the grameen bank is false? a. about half of the borrowers are women. b. the bank has branches throughout rural areas in bangladesh. c. the bank was the first institution to utilize the microcredit concept. d. loans disbursed are typically under $100. please select the best answer from the choices provided. a b c d
Answer
Brief Explanations:
The Grameen Bank has a high - proportion of women borrowers (over 90% are women, not about half), has branches in rural Bangladesh, was a pioneer in microcredit, and loans are often small (under $100). The statement about half of borrowers being women is false.
Answer:
A. About half of the borrowers are women.