Describe the main tasks taken on by loan officers

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Problem

1. Describe briefly what economists call a multitask agency problem, and relate your answer to the case of microfinance. Describe the main tasks taken on by loan officers and how they might conflict or be complementary.

2. Suggest two potential solutions to the multitasking problem for microlenders. Would the solutions be just as easy to implement in a small organization as in a larger organization?

Reference no: EM131919105

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