Question
A farmer is looking to purchase a tractor to expand his output in a remote village in Bangladesh. He can pledge the tractor as collateral
A farmer is looking to purchase a tractor to expand his output in a remote village in Bangladesh. He can pledge the tractor as collateral for a loan. He is not able to attend weekly meetings with his farming group or to travel to a bank. This person is a good candidate for a Grameen loan based on the facts presented here.
True
False
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
5th Edition
0367335417, 978-0367335410
