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WorksheetsMicrofinancing
Total questions: 10
Worksheet time: 5mins
It is when money is given to another party in exchange for repayment of the principal amount plus interest
Insurance
Loan
Savings
Transfer
An individual or entity receives financial protection or reimbursement against losses.
Loan
Transfer
Savings
Insurance
An interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.
Loans
Insurance
Savings
Transfer
BSP stands for__________________________
Banko Sentral ng Pilipinas
Bank Security of the Philippines
Banking System of the Philippines
Bank Statement of the Philippines
Microfinance is also called as ____________
Micro environment
Microeconomics
Microcredit
Micro investor
Microfinance offers financial services except:
Microinsurance
Microinvestment
Microsavings
Microcredit
Microfinance is a financial service that offers loans, savings and insurance to entrepreneurs and small business owners who don't have access to traditional sources of capital, like banks or investors.
True
False
Microfinance institution (MFI) as a financial institution that provides small loans to people who otherwise wouldn’t have access to credit.
True
False
What is the criteria for lending money that talks about giving a property or important thing before you can barrow money from the bank and if you failed to return the money the bank will take that property?
Capital
Capacity
Collateral
Character
The situation of the Loaner to return the barrowed money from the bank on the specific date?
Capital
Condition
Capacity
Collateral
