microfinance
3
4.2
- noun
- /ˈmaɪkroʊˌfaɪnæns/
- Specialized
:
microfinanzas
- In rural areas, microfinance helps families access funding they would not receive from traditional banks.
- microfinance institutions
- microfinance initiatives
- microfinance sector
We would talk to experts in the area of microfinance.
- We would talk to experts in the area of microfinance.
- So that piece deals with the enormous capacity for microfinance to generate both a sense of trust.
- Certainly you couldn't solve with something like microfinance that was obviously not viable, that interest rates were high, the transaction costs were crazy.
Examples
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The increase in microcredit and microfinance institutions throughout the world seems to be a good step in this direction.
Academic text (2001) -
Microfinance initiatives provide a complementary approach to social protection, often delivered by the nongovernmental sector.
Academic text (2011) -
This project really shows the power of microfinance.
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Indeed, microfinance has caught the attention of some of the world's leading financial institutions, both international and domestic.
Academic text (2005) -
Microfinance is not an exercise in charity, but is increasingly part of an inclusive financial sector.
Academic text (2005) -
Many microfinance programs provide clients with business development training and mentoring to support the productive use of loans.
Academic text (2011) -
Muhammad Yunus is a Nobel Peace Prize winner and founder of the microfinance institution Grameen Bank.
Blog text (25) -
Small businesses often thrive thanks to microfinance programs that provide essential loans.
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Many entrepreneurs use microfinance to start their businesses and improve their living conditions.
Synonyms
1
4.1
A very small loan to help poor people start or grow a tiny business
How Small
Surface Forms
Morphology
Etymology
Microfinance comes from micro- meaning 'small' and finance meaning 'money services', just like microscope uses micro- to show something very small. So, microfinance means giving small loans and other money services to people who cannot use regular banks.