Which of the following statements does not describe microcredit loans? a. microcredit loans are most common in poor, developing countries. b. the un estimates that women make up 76% of microcredit customers. c. microcredit loans are interest-free. d. ngos around the world currently use microcredit loans.

D. NGOs around the world currently use microcredit loans.

Explanation:

Microcredit loans are loans of very small amounts of money given to the poor.

Microcredit loans do not require collateral for those given cannot afford to produce one.

The loans are given with the hope of bettering the lives of the beneficiaries.

NGO do not rely on microcredit loans, instead, some of them lend this kind of loans to the poor in their operations of improving lives.