23 mark for review microfinance is a form of banking whereby financial institutions issue small loans to…

23 mark for review microfinance is a form of banking whereby financial institutions issue small loans to people with low incomes, generally in less developed countries. which of the following best explains how microfinance loans are intended to contribute to the united nations sustainable development goals? a microfinance loans are used for environmental remediation, which contributes to the goal of reversing land degradation. b microfinance loans are available exclusively to women, which contributes to the goal of gender equality. c microfinance loans are used to pay for college tuition, which contributes to the goal of providing quality education. d microfinance loans fund research on renewable fuels, which contributes to the goal of providing clean and affordable energy. e microfinance loans enable people to start small businesses, which contributes to the goal of ending poverty.

23 mark for review microfinance is a form of banking whereby financial institutions issue small loans to people with low incomes, generally in less developed countries. which of the following best explains how microfinance loans are intended to contribute to the united nations sustainable development goals? a microfinance loans are used for environmental remediation, which contributes to the goal of reversing land degradation. b microfinance loans are available exclusively to women, which contributes to the goal of gender equality. c microfinance loans are used to pay for college tuition, which contributes to the goal of providing quality education. d microfinance loans fund research on renewable fuels, which contributes to the goal of providing clean and affordable energy. e microfinance loans enable people to start small businesses, which contributes to the goal of ending poverty.

Answer

Answer:

E. Microfinance loans enable people to start small businesses, which contributes to the goal of ending poverty.

Brief Explanations:

Microfinance aims to help low - income people. Starting small businesses can generate income, reducing poverty, aligning with UN's poverty - ending goal. Other options are not typical uses of microfinance loans.