Although microcredit programs have helped many poor families, __________.
A) they do not help the societal poverty rate
B) rural farmers are excluded from loan program
C) city dwellers are excluded from the loan program
D) individuals are excluded from the benefits

Question

Quizplus · Accepted Answer

Microcredit programs, while beneficial to many poor families, often do not significantly alter the overall societal poverty rate. They provide small loans to individuals or groups who do not have access to traditional banking services, aiming to promote entrepreneurship and self-sufficiency. However, the impact on the broader societal poverty rate is limited due to various factors, including the scale of these programs compared to the size of the population in need and the complex, multifaceted nature of poverty.

Although Microcredit Programs Have Helped Many Poor Families, __________