which of the following statements does not describe microcredit loans? a. microcredit loans are most common…

which of the following statements does not describe microcredit loans? a. microcredit loans are most common in poor, developing countries. b. the un estimates that women make up 76% of microcredit customers. c. microcredit loans are interest - free. d. ngos around the world currently use microcredit loans. please select the best answer from the choices provided. o a o b o c o d

which of the following statements does not describe microcredit loans? a. microcredit loans are most common in poor, developing countries. b. the un estimates that women make up 76% of microcredit customers. c. microcredit loans are interest - free. d. ngos around the world currently use microcredit loans. please select the best answer from the choices provided. o a o b o c o d

Answer

Brief Explanations:

Microcredit loans are small - scale loans often used in poor, developing countries and by NGOs. Women are a large portion of microcredit customers. However, microcredit loans usually have interest rates, they are not interest - free.

Answer:

C. Microcredit loans are interest - free.