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microcredit
(redirected from Microfinance)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
mi·cro·cred·it  (mkr-krdt)
n.
The business or policy of making microloans to impoverished entrepreneurs. Also called microlending.
Translations
microcredit [ˈmaɪkrəʊˌkredɪt] Nmicrocrédito m


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With access to microfinance services, low-income, informal-economy entrepreneurs, like Pura Rivera, are in a better position to absorb and manage the immediate shocks of fluctuating food prices.
To most people, microfinance means microcredit, or lending to the owners of very small businesses in the developing world.
In December 2008, MBK Ventura was ranked number one among 1,300 microfinance institutions registered with the Mixmarket, the microfinance database of the World Bank.
 
 
 
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