Question

Which of the following best describes the primary difference between a Self-Help Group (SH

  • G and a Microfinance Institution (MF
  • I in delivering financial services to rural households?
A There is no difference between the two
B MFIs are always government-owned institutions
C SHGs cannot receive bank credit at all
D SHGs are informal groups MFIs are formal institutions
E MFIs only serve urban clients
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