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What is a microloan?

Aa very small government aid package for developing countries.
Ba very small loan to finance education for families in undeveloped countries.
Cvery small, short-term loan for a small business owner in an undeveloped country.
Da very small community support program in an undeveloped country.

Verified Answer :

I believe the correct answer from  the choices listed above is option C. A microloan is a very small, short-term loan for a small business owner in an undeveloped country. Hope this answers the question. Have a nice day. Feel free to ask more questions.

A microloan is a very small, short-term loan for a small business owner in an underdeveloped country. The answer is C.