Ask Question
BusinessBusiness
8 January, 21:02

A micro loan would mostly likely support which of the following projects?

a. cattle farming b. textbooks for school c. handcrafts d. tobacco plantation

+2
Answers (2)
  1. 8 January, 21:03
    0
    A micro loan is one of small amount so it is most used to support someone doing handcrafts (C)
  2. 8 January, 21:28
    0
    The correct answer to this question is this one: "c. handcrafts."

    micro loans are small business loans up to $35,000. They are mainly used as start-up cash for small businesses, and can be used for many purposes. Mainly the purchase of equipment/machinery/supplies, since that is the greatest cost of a new, small business.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A micro loan would mostly likely support which of the following projects? a. cattle farming b. textbooks for school c. handcrafts d. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The Dance Studio is currently an all-equity firm that has 22,000 shares of stock outstanding with a market price of $27 a share. The current cost of equity is 12 percent and the tax rate is 35 percent.
Answers (1)
On a particular day, an airliner has 150 flights arrive early, 500 flights arrive on time, and 75 flights arrive late. what is the experimental probability that a flight will not be late?
Answers (1)
How do your finance choices impact the economy? Trace the impact of your financial decision.
Answers (1)
The bookbinder company has made $150,000 before taxes during each of the last 15 years, and it expects to make $150,000 a year before taxes in the future. however, in 2013 the firm incurred a loss of $650,000.
Answers (1)
What is likely to happen in the long run to firms that do not reach minimum?
Answers (1)
New Questions in Business
Which of the following is a common way to describe a product that is being offered for sale? in the market on the market on exchange in business
Answers (1)
If a change in government regulations allows banks to start paying interest on checking accounts, this will: increase the demand for currency but decrease the demand for checking accounts. decrease the demand for money. increase the demand for money.
Answers (2)
Which is most likely cause for rapid increase in number of interest groups in recent decades?
Answers (1)
Telecommuting is an example of flextime. true or false?
Answers (1)
A firm's weighted average cost of capital is a function of (1) the individual costs of capital, (2) the capital structure mix, and (3) the level of financing necessary to make the investment. True False
Answers (1)
Home » Business » A micro loan would mostly likely support which of the following projects? a. cattle farming b. textbooks for school c. handcrafts d. tobacco plantation
Sign Up Forgot Password?