please answer in 150 words each.

Strategic Financial Analysis & Design Akhuwat Case Study Assignment 1. What is a microfinance institution? Describe the origins and business model of a conventional microfinance institution. 2. What is Akhuwat? What are the similarities and differences between Akhuwat and a conventional microfinance institution? 3. Differentiate the concept of social collateralization from the practice of keeping collaterals by conventional financial institutions. 4. What strategies did Akhuwat use to minimize its operational expenses as compared to other microfinance institutions? How feasible/sustainable are these strategies for expansion? 5. Why was Akhuwat criticized for its financial model? How was Akhuwat able to perform and grow exceptionally well despite these criticisms