microcredit

(redirected from Micro loans)
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mi·cro·cred·it

 (mī′krō-krĕd′ĭt)
n.
The business or policy of making microloans to impoverished entrepreneurs. Also called microlending.
Translations

microcredit

[ˈmaɪkrəʊˌkredɪt] Nmicrocrédito m
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References in periodicals archive ?
The agency has set aside P50 million to fund the shared service facilities (SSF) project and plans to seek additional budget to fund the provision of livelihood starter kits, micro loans, mobile ricemills,tricycles, construction of public markets and provision of retail spaces in major malls to promote Maranao products.
Several lenders including Equity Bank, KCB and Co-operative Bank of Kenya also offer mobile micro loans.
This move is led by the Central Bank of Egypt (CBE) and the banks operating in the local market, which have decided to allocate a large part of their loan portfolios to women, especially micro loans, which serve female breadwinners in rural areas.
The firm said that the profit in its first full year of operation was driven by high-yielding micro loans to individuals.
By March next year, micro loans doled out by banks and non-bank entities without any collateral - Mudra loans as they are called - would cross the Rs5 lakh crore mark.
Earlier this year, Amaco secured a 49,950 loan from MSIF through the North West Fund for Micro Loans.
CashOnCell has begun offering micro loans that can be added to a consumer's monthly cell phone bill without the need for a credit check, collateral or bank account, the company said.
CashOnCell has offered to customers micro loans that can be added to a monthly cell phone bill and require no credit check, collateral or bank account, the company said.
Calling the announcement as a revolutionary transformation, the company's Co-Founder Upasana Taku said that the announcement marks the revolutionary transformation of MobiKwik into a digital institution that will help fulfill every Indian's end to end financial needs by offering micro loans, profits on wallet balance and cashless transactions.
FINANCE Wales has launched a new, streamlined two-day application process for micro loans of between PS1,000 and PS5,000.
Finance Wales has launched a new streamlined two-day application process for micro loans.
Damascus, SANA- The successful experience in the field of the small and micro loans initiated by the civil sector with the support and participation of the government has been extended to include more small productive projects such as " MY Project" or "Mashroue" that provide thousands of jobs' opportunities to the unemployed people.