[Solved] What is NOT an innovation likely to explain the high repayment rates of microcredit programs?

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Q.	What is NOT an innovation likely to explain the high repayment rates of microcredit programs?
A.	Promising larger and larger loans for borrowers in good standing
B.	Public repayments
C.	Strong competition between numerous microcredit programs to reduce interest rates
D.	Starting repayments before investments are likely to have borne fruit
Answer» C. Strong competition between numerous microcredit programs to reduce interest rates

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