VOICED: Egypt's poorest turn to 'microcredit'
Interactive Video
•
Business
•
10th Grade - University
•
Hard
Wayground Content
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main benefits of the Yoga Khan Foundation compared to traditional banks?
They require no collateral.
They have lower interest rates.
They provide advice and encouragement.
They offer larger loans.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary concern about the new law related to microfinance in Egypt?
It will increase interest rates.
It will make microfinance illegal.
It might exclude the poorest from accessing microcredit.
It will reduce the number of microfinance companies.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of people in Egypt currently have access to microcredit?
5% to 10%
10% to 20%
20% to 30%
30% to 40%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is currently able to access credit in Egypt according to the video?
Only large corporations.
Only those with a business plan or activity.
Only government employees.
Anyone who applies.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Despite economic growth, what issue remains a challenge in Egypt?
Reducing the number of people living below the poverty line.
Improving infrastructure.
High inflation rates.
Increasing foreign investments.
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