This quiz is to measure KFP Trainees' understanding of the information provided in the UNCDF Microfinance Distance Learning Training Course
People without bank accounts have too much difficulty in safely managing the funds from a loan
A loan is only a valuable tool for those who have the capacity to repay it
The extremely poor lack the collateral necessary to qualify for a loan
A wheat farmer who sells his surplus crops at the market
A person who works for an hourly wage on a farm
A person who would like to buy her neighbor's land in order to increase her crops and sell them to her community
True
False
They increase the costs for both
They increase marketing opportunities for both
They decrease the costs for both
It provides a safety net to cover costs in emergency situations
It pays interest, increasing the borrower's income
It can decrease the funds the borrower has available for investment
Renewable Outsourcing for Savings and Credit Associations
Rotating Savings and Credit Associations
Rotating Sustainability Counting Applications
Providing a safe place to store money
Teaching people how to save
Creating collateral for a Loan
Adhering to basic microlending principals
Adapting to fit the customers' preferences
Exchanging customer information with other MFIs in the area
Being suited to the capabilities of the institution managing the products and services
True
False
Informal collateral with great intangible value to the borrower
Peer pressure in solidarity groups or the local community
Forced savings deposits
Higher interest rates
The imposition of restrictions on financial intermediaries
The creation of negative real interest rates, wherein inflation outpaces nominal interest rates
Undermined financial intermediation
Sustained growth of financial assets in comparison to growth in national income
A rise in the level of national inflation
An increase in the number of borrowers
A significant repayment problem
A positive assessment by a microfinance lending agency
Informal guidelines
Detailed standards
Enforcement mechanisms
A highly capable, wide-ranging central financial authority
True
False
Its building investments
Its loan portfolio
Its community development programs
Its loan officer training
Loan portfolio quality
Methods used to report aging of loans and write-offs for bad debt
Subsidies (cash, in-kind, or soft loans)
All of the above
An MFI's ratio of debt to equity; no
An MFI's ratio of debt to equity; yes
An MFI's ratio of retained earnings to share capital; yes
An MFI's ratio of retained earnings to share capital; no
True
False
True
False
True
False
A loan for which the terms change after a given period of time
A loan for which the payment terms and interest rate have been renegotiated
A loan with a variable interest rate
All of the above
Portfolio arrears rating
Partner and ratings
Portfolio at risk
Repayments are made on existing loans
Delinquent loans are written-off
New loans are disbursed
None of the above
Client debt capacity
Market conditions
Strategic cost control implementation
All of the above
Participation of staff from all areas of operations
Several years' worth of performance data
Making assumptions based on individual experiences
Identification of key variables behind financial performance