microloan


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Related to microloan: microlending, Micro lending, Micro Lender

mi·cro·loan

 (mī′krō-lōn′)
n.
A very small, often short-term loan made to an impoverished entrepreneur, as in an underdeveloped country.
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.

microloan

(ˈmaɪkrəʊˌləʊn)
n
(Banking & Finance) a very small loan
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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References in periodicals archive ?
A microloan is a small term loan that ranges between $5,000 and $50,000 and can be used by small businesses for different purposes.
This facility will be a first of its kind in Africa and will be accompanied with a microloan credit scheme and marketing infrastructure.
KinerjaPay's services include the company's KinerjaPay IP digital payments and e-wallet system (KPAY) and KinerjaFund (KFUND) microloan service.
BANKING AND CREDIT NEWS-April 17, 2019--Chinese microloan companies to come under unified regulation
Cambodia-based digital microfinance start-up DigicroPte Ltd has raised $300,000 in seed capital from the Tokyo-headquartered Showcase Capital Co Ltd which will help them develop their microloan service mobile application, according to an announcement from the firm.
He brings to the company industry and leadership experience as former CEO of a peer-to-peer lending company specializing in auto loans and a microloan company offering loans to small business and individuals.
Cohn says, "ACLT has strong anecdotal evidence that the microloan program is needed.
TELECOMWORLDWIRE-November 8, 2016-SDL Foundation partners with MicroLoan into Zimbabwe
A RESTAURANT and cocktail bar has upgraded its facilities after securing a a PS25,000 microloan via the Finance for Business North East Microloan Fund..
With the typical microloan averaging $13,000, organizations like UMLF can support the small business industry and administer those microloans.
Paul, who secured his PS25,000 loan via the Finance for Business North East Microloan Fund after an application by Rivers Capital, said: "I've been watching the technology develop for the last couple of years and now it's where it needs to be.