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microloan

microloan

1 3.6
A very small loan for a person or small business without bank access
  • noun
  • /ˈmaɪkroʊloʊn/
  • Specialized
translation icon : microcrédito
  • They have also been involved with programs to develop literacy and to help with microloans.
  • provide microloans

Examples

  • Form homegrown microloan non-profits and start with a circle of six applicants.

    Blog text (13)
  • "It's much easier for a woman in a developing country to get a microloan than it is here," explains Burch, who still remembers the challenges she faced when she got started in business.

    Blog text (13)
  • As part of our new campaign to tell the story of microloans, we are asking groups to answer the question: What do you work for?

    Blog text (19)
  • 'Cause your microloans helped women, and women lift up economies.

  • I read your great article about microloans in the Asian Economics Journal.

  • The movement also includes ordinary people who can contribute microloans through websites like Kiva.org of as little as $25 to causes they believe in.

    Blog text (6)
  • Banco Mujer was established to help women get microloans.

    Blog text (28)
  • She was able to obtain a low-cost microloan that allowed her to earn an income to keep herself and her children afloat.

    Academic text (2001)
  • Nobel Peace Laureate Muhammad Yunus and his Grameen Bank of Bangladesh specialize in providing microloans to the very poor to start small businesses.

    Academic text (2007)
  • The new program will provide microloans to help entrepreneurs without traditional banking access.

Synonyms

microcredit
vsmicroloan
  • Specialized
1 4.1

A very small loan to help poor people start or grow a tiny business

is a single very small loan given to someone lacking bank access

How Much

mortgage
  • Specialized
526 5.4
bank loan
14 2.3
microloan
  • Specialized
1 3.6

Surface Forms

microloan singular
microloans plural

Morphology

microloan = loan (transparent) = micro + loan

The meaning is directly compositional: a microloan is simply a very small loan.

Etymology

Microloan combines micro- meaning 'small' and loan meaning money you borrow, just like microscope or microchip use micro- for something small. So a microloan is a very small loan often given to people or tiny businesses who cannot get a regular bank loan.