tjp580680 tjp580680

21-06-2024
Business

Answered

Organizations like Kiva.org offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. These loans are called

A. reserve funds
B. barter exchange
C. command financing
D. e-money
E. microcredit

Answer :

GinnyAnswer GinnyAnswer

21-06-2024

Final answer:

Microcredit involves small loans without collateral for business ventures, facilitated through microfinance organizations like Kiva.org.

Explanation:

Microcredit refers to small loans extended to individuals without collateral to help them start businesses or economic enterprises. Organizations like Kiva.org provide microfinance programs that offer aspiring entrepreneurs in developing countries access to these small loans. These loans, known as microloans, play a vital role in supporting individuals in starting or expanding their businesses, particularly in less developed countries.

Learn more about Microfinance and Microcredit here:

https://brainly.com/question/33022191

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