Multiple Choice
Hindustan Lever's initiative in India to provide start-up loans to women to buy stocks of products to sell to local villagers because it realized it could not sell to the rural poor in India unless it found ways to distribute its products such as soap,shampoos,and laundry detergents is an example of:
A) philanthropic lending
B) nanofinance
C) microfinance
D) loan-sharking
Correct Answer:
Verified
Correct Answer:
Verified
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