______ is the provision of small credit to those who would have no other access to financial services.

The Correct Answer Is: (B) Microfinance
Explanation:
Microfinance refers to the provision of small credit or financial services to individuals, typically from low-income backgrounds, who do not have access to traditional banking or financial institutions. The goal of microfinance is to help those who are financially excluded by offering them access to small loans, savings accounts, and other basic financial services, thereby helping them to build businesses, improve their standard of living, and become financially independent.

Information Booster:
Microfinance Services: Microfinance includes microloans, micro-insurance, and micro-savings, aimed at individuals or groups who lack access to conventional banking services.
Target Population: Microfinance primarily serves individuals in developing countries or marginalized communities who are typically excluded from the formal banking system.
Impact on Poverty: Microfinance has been seen as a tool to combat poverty and promote economic development by empowering individuals, especially women, to start small businesses or invest in education and healthcare.
Institutions Offering Microfinance: Microfinance is often provided by non-governmental organizations (NGOs), microfinance institutions (MFIs), and other social enterprises.
Global Examples: Programs like Grameen Bank in Bangladesh have gained international recognition for their work in microfinance and poverty alleviation.
Additional Knowledge:
Microloan : Microloan refers to the actual small loan provided to individuals under microfinance programs, but the broader term describing the service is microfinance itself.
Homeloan : Homeloans are typically larger loans provided for purchasing a home.
Pradhan Mantri Awas Yojana : The Pradhan Mantri Awas Yojana is a government housing scheme aimed at providing affordable housing to the poor.