首页
登录
职称英语
Microfinance is an anti-poverty tool. If you make small loans to groups of po
Microfinance is an anti-poverty tool. If you make small loans to groups of po
游客
2025-03-31
9
管理
问题
Microfinance is an anti-poverty tool. If you make small loans to groups of poor women, they always repay them on time. Microfinance has grown rapidly in many countries. Yet the industry has come under attack for being too commercial.
In Bangladesh the government has
capped the annual interest rate
that microfinance institutions (MFIs) can charge at 27%. In Andhra Pradesh (AP) , the Indian state with the most microfinance borrowers, local politicians have bullied the business to a virtual halt. These steps are ostensibly motivated by a desire to defend the poor from getting stuck in a debt. But they are wrong-headed.
Despite charging seemingly high interest rates, MFIs typically have thin margins because of the high costs of making and collecting payments on millions of tiny loans. Pressing them to reduce rates further would jeopardize their ability to attract private capital, inhibiting their growth.
In fact, the poor often use microloans to pay off far more expensive loans from village moneylenders. This suggests that restricting people’s access to microcredit by capping rates could have the perverse effect of driving more poor people into the arms of village loan-sharks. That would be good news for these moneylenders, but is surely not the outcome that policymakers want.
Sensible regulation need not be at odds with a thriving microfinance industry. Peru, for example, is ranked as having the best business environment for microfinance, in part because the regulator has successfully set and enforced rules on capital buffers, leading to a more stable environment for the industry. India, in contrast, is yet to decide whether rules governing microfinance are to be set at the national level or by individual states.
Many things can be done. For instance, an association of Indian MFIs is trying to set up a credit bureau which would allow them to track clients’ overall indebtedness and credit histories, thus guarding them against lending a person more than she is able to handle. This would be helped enormously if the government sped up its efforts to give all Indians a universal identification number. The Indian government should also allow MFIs to take deposits, which they are currently prevented from doing: this would make them less dependent on capital markets for funding. Actually there are more useful measures for the poor than an interest-rate cap. [br] In paragraph 5, what does the example of Peru and India indicate?
选项
A、India has been aware of the importance of regulation on microfinance.
B、The microfinance industry is booming in both India and Peru.
C、Sensible regulations promote the microfinance industry.
D、Regulations should be set at the national level.
答案
C
解析
本题是例证题,要求考生理解秘鲁和印度两个例子说明的观点,即明智的法规不会与小额信贷产业起冲突。关键点:...need not be at odds with a thriving microfinance industry.
转载请注明原文地址:https://tihaiku.com/zcyy/4019995.html
相关试题推荐
ItriedveryhardtopersuadehimtojoinourgroupsbutImetwithflat______.A
Dozensofscientificgroupsallovertheworldhavebeen______thegoalofaprac
ItriedveryhardtopersuadehimtojoinourgroupsbutImetwithflat______.(
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
Theideathatsomegroupsofpeoplemaybemoreintelligentthanothersiso
随机试题
THERISEOFMOSCOW(1)Therise
杭州最出名的景点就是西湖(WestLake)。西湖是人工开凿的。杭州的西湖风景区在城市的西南部,占地60平方公里,其中西湖本身占地5.6平方公里。它最
HowtoApproachaDissertationI.Whatisadissertation
Inthesentence"Iraisedmyvoicetomakemyselfheard",theitalicizedphrase
下列关于大数据的分析理念的说法中,错误的是()。A.在数据基础上倾向于全体数据
以下方剂,常用于治疗久泻久痢的是:A.化食丸 B.化积丸 C.肥儿丸 D.
患者男性,26岁。在树丛行走时被蛇咬伤后,局部皮肤留下一对大而深的齿痕,伤口出血
某大型石油化工生产企业,原油加工能力1500万m3/年。厂区外设有原油储罐
1991-103.绛舌主 A.热盛B.瘀血C.两者均有D.两者均无
铁路营业线桥涵顶进施工常用的防护加固方法主要有()。A.扣轨法 B.吊
最新回复
(
0
)