microcredit

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Related to Microloans: microlending, Grameen Bank

mi·cro·cred·it

 (mī′krō-krĕd′ĭt)
n.
The business or policy of making microloans to impoverished entrepreneurs. Also called microlending.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Translations

microcredit

[ˈmaɪkrəʊˌkredɪt] Nmicrocrédito m
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
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References in periodicals archive ?
I previously wrote about efforts of low-key industry taipans who have organized the Center for Community Transformation, which has provided seed money that has grown to a billion-peso fund used for microloans, health, education and livelihood assistance for the poorest of our poor.
Microloans are majorly designed for small businesses.
The American company, which started in Indonesia, plans to grow its South-East Asian digital payments and microloans business while evaluating potential acquisitions over the next 11 months.
This allowed to support 353 projects and issue 923 microloans (twice more than in 2017).
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Even microloans usually involve high interest rates, 30 percent and more are common.
the previous month), which could be related to the increased number of microloans extended during the New Year holidays.
He said that importance of grants, microloans and training and support are necessary for young women to learn economic skills and launch small businesses successfully.
* Microloans, which provide technical assistance and loans up to $50,000 for smaller needs.