1.Which of the following is true about ACCION International's Bridge Fund?

a. ACCION issued a letter of credit guarantee to local banks who agreed to loan money to network members

b. ACCION created a peer to peer direct lending online platform for network members

c. Network members used the fund to take deposits from customers

d. The fund made loans directly to commercial microfinance banks

2. ACCION International supports the growth of commercial microfinance banks because they can scale and reach more clients.

True

False