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What is difference between rural credit and micro credit?

What is the difference between micro credt and rural credit?


What is the modus operandi of micro finance in Nigeria?

In Nigeria, microfinance operates by providing small loans and financial services to underserved populations, particularly low-income individuals and small businesses. These institutions often focus on empowering women and promoting entrepreneurship by offering accessible credit, savings accounts, and financial education. The loans are typically characterized by lower interest rates compared to informal lenders, and repayment schedules are designed to be flexible. Microfinance in Nigeria aims to alleviate poverty and stimulate economic growth by enabling clients to enhance their livelihoods and invest in productive activities.


What are the relationships between macro and micro environment in Nigeria marketing system?

Ggv


Who is the founder of micro-credit?

Muhammad yunus


The impact of micro-finance banks on the development of small scale business in Nigeria?

check your answer


What role does micro finance play in international trade?

there help the poor and to eradicate poverty


What is msc in movie credits?

Micro Soft Credit?? Just a guess


Which method of purchase is preferred for micro purchases?

A credit - or debit card.


What are the variables of the micro-environment?

mission, vision and organisational structure


What structure in plant cells produces micro-tubules?

proteins


How micro finance reduce the poverty?

Micro finance seeks to provide financial services to the unbanked sections of the society - the poor and low-income people, typically in the rural areas. These services are provided by organizations called Micro-finance institutions - microcredit is a related concept, which means providing small value loans on little or no collateral. Microfinance seeks to reduce poverty by providing permanent access of financial services, including loans, to low-income and poor households. For example: loans to farmers to buy agricultural inputs like seeds and fertilizers.


How do you get micro credit customers?

You get Micro credit "Customers" by donating your money on line through various organisations that then give all or a percentage away to impoverished people through out the World looking to change their lives for the better. Be it education or to start a franchise.