Question

A micro loan would mostly likely support which of the following projects?

a. cattle farming b. textbooks for school c. handcrafts d. tobacco plantation

Answer 1

A micro loan is one of small amount so it is most used to support someone doing handcrafts (C)

Answer 2

The correct answer to this question is this one: "c. handcrafts."

micro loans are small business loans up to $35,000. They are mainly used as start-up cash for small businesses, and can be used for many purposes. Mainly the purchase of equipment/machinery/supplies, since that is the greatest cost of a new, small business.