Economy, asked by dalutkishadapmanner, 6 months ago

What is
micro- credits?​

Answers

Answered by HarshaMVCH
1

Answer:

Microcredit is the extension of very small loans to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history.

Answered by aditya11170
1

Answer:

Micro Credit has been defined as the provision of thrift, credit and other financial services and products of very small amounts to the poor in rural, semi-urban and urban areas for enabling them to raise their income levels and improve their living standards.

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