What is the primary difference between a grant and a loan in resource mobilisation?

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AGrants are only for non-profit organizations, loans are for businesses.

BLoans require collateral, grants do not.

CGrants offer lower interest rates than loans.

DGrants do not need to be repaid, while loans must be.

Answer:

This is the fundamental difference. Grants are non-repayable funds, typically given for specific projects, whereas loans are a form of borrowed capital that must be returned over time.

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