microcredit

(redirected from Micro-Credits)
Also found in: Financial, Encyclopedia.
Related to Micro-Credits: Microfinance

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
Mentioned in ?
References in periodicals archive ?
According to him, micro-credits have helped create small businesses that today have their weight in the economic fabric.
Le directeur general de la Banque tunisienne de solidarite (BTS) Mohamed Kaanich a revele que les dossiers de 60 associations de micro-credits sur un total de 188 associations actives ont ete transferes vers la justice pour mauvaise gestion des deniers publics, rapporte la TAP.
Since its launch in 1995, Enda has granted micro-credits for a cumulative value of more than 2 billion dinars to some 650,000 Tunisian micro-entrepreneurs, half of them in rural areas.
The second stage of its micro-credits has been introduced by Tigo DRC through Tigo Cash project, with addition of 50 more beneficiaries to the programme.
Micro-credits have become an important tool in development economics and play an essential role in the fight against poverty.
Parliamentary Commission deemed illegal allocation of micro-credits by the government using funds allocated by Kumtor.
Summary: Italy loaned Morocco, on Tuesday, 6 million Euros to finance anti-poverty projects in rural areas through boosting micro-credits.
Summary: Rabat - Italy loaned Morocco, on Tuesday, 6 million Euros to finance anti-poverty projects in rural areas through boosting micro-credits.
Together with the European Investment Bank Group and other partners, EU will set up new loan to provide micro-credits for those who would usually have difficulty accessing the necessary funds to set up a business or micro-enterprise.
Zakoura Foundation for Micro-Credits is a Moroccan based not-for-profit organization aimed at fighting poverty and developing civic spirit through financial and non-financial programmes that specifically target vulnerable populations from both rural and urban areas who do not have access to conventional financial services.
In April this year, Ayeh invited me to create a framework to provide micro-credits for local farmers, artisans and market-stall holders.
According to the Commissioner's spokes-person, one of the key issues discussed was scope for the development of micro-credits (less than euro 25,000) in synergy with aid granted in the context of the European structural funds.