1. According to the reading, why did microfinance banks lead with loans instead of savings?

	a.	Regulatory restrictions on MFIs that did not allow them to collect savings deposits
	b.	Clients did not want to save money
	c.	All of the these are true
	d.	Clients already had savings accounts and did not need them

2. Which of the following are alternatives to formal savings accounts according the Handbook? Select all that apply.

	a.	Informal deposit collector
	b.	ROSCAs
	c.	Livestock
	d.	Jewelry

3. Consumption smoothing by saving in youth for future retirement is an example of:

	a.	Low frequency savings model
	b.	High frequency savings model
	c.	None of these
	d.	Transient income