WebMicrocredit Definition. The business or policy of making microloans to impoverished entrepreneurs. (uncountable, banking) The practice of making very small loans, especially … Web“Microlending” or “microcredit” deals specifically with the practice of extending credit and/or loans to people who lack access to traditional financial services. Microloans are designed …

Microcredit Definition & Meaning Dictionary.com

WebMicrocredit The practice of making loans to extremely poor persons to help them rise from poverty through entrepreneurship. That is, one may make a loan of, say, $25 which gives … Webmicrocredit in British English (ˈmaɪkrəʊˌkrɛdɪt ) noun the practice of lending small amounts of money on minimal security, esp to help small businesses and communities in the Global South Collins English Dictionary. Copyright © HarperCollins Publishers Examples of 'microcredit' in a sentence microcredit dante castellano

microcredit Definition Britannica Money

Webmicrocredit noun [ U ] economics uk / ˈmaɪ.krəʊˌkred.ɪt / us / ˈmaɪ.kroʊˌkred.ɪt / a very small amount of money lent to a person or group, especially in order to make it possible for … Webmicrocredit, also called microbanking or microfinance, a means of extending credit, usually in the form of small loans with no collateral, to nontraditional borrowers such as the poor … WebMicrocredit is the extension of very small loans to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history. It is designed not only … dante carpenter