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microlending

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
mi·cro·lend·ing  (mkr-lndng)
n.


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Since the first microloan was dispensed in Brazil in 1973, microlending pioneers such as Accion International and Grameen Bank -- the latter founded by Nobel laureate Muhammad Yunus -- have proven that the poor, served responsibly, are excellent credit risks and prudent users of financial services.
It was somewhat like microlending that got its start in India and has garnered so much positive press recently.
Volumes of microlending of population in Kyrgyzstan increased 18% in first half of 2009 in comparison with analogous period of 2008 from 4.
 
 
 
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