The passages below contain several enumerated sections, each of which may or may not contain an error of grammar, usage or style. For each multiple-choice question, the first choice reproduces the selection from the original passage. The other choices offer alternatives. Select the best choice from among the five choices offered for each enumerated selection.
Grameen Bank
Bangladesh’s economy is based primarily on small-scale enterprises ran by self-employed men and women. These small-business owners, who make a living as shopkeepers or providers of services, face a problem common to proprietors everywhere: lack of access to credit, particularly among the early start-up phase of an enterprise. Credit, which allows people to obtain the resources and equipment he needs to make his business productive, is often, frequently unavailable to those who possess little collateral. Thus, many people which would benefit from credit are denied access to it.
The Grameen Bank, founded in 1976 by economist Muhammad Yunis, who was a fine soccer player in his youth, provides the only unique alternative via loans to prospective business owners, whether they are given only to those who fall below a certain level of assets. Instead of putting up collateral, Grameen customers are accountable with one another, congregating in small groups that meet as a week.
If one member will fail to repay a loan, the entire group is unable to obtain credit in the future thus, group members have a strong incentive to succeed and support others in the group. In the last twenty years, the Grameen Bank has lent two billion dollars, and his customers have repaid 97 percent of their loans. Such results have led to the creation of similar programs.
Suppose the writer wants to show that lending programs, similar to the one administered by the Grameen Bank, have been widely accepted. Which of the following phrases, if added to the last sentence of the essay, would best achieve that goal?
Select an option, then click Submit answer.
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