microcredit

[ mahy-kroh-kred-it ]

noun

1. the lending of very small amounts of money at low interest, especially to a start-up company or self-employed person.

Example Sentences

Now, she said, “our women want to go from microcredit to micro-enterprise” so “there has never been a better time to invest in women” — a theme of this year’s meeting of the U.N.

From Seattle Times

For instance, it could be used by economists studying the impact of microcredit loans in developing nations or sports analysts using a model to rank top tennis players.

From Science Daily

Yunus who pioneered the use of microcredit to help impoverished people, especially women, filed the appeal seeking bail on Sunday morning before it was granted.

From Seattle Times

Yunus, who pioneered using microcredit to help impoverished people, was present in court and was granted bail.

From Seattle Times

Yunus pioneered the use of microcredit to help impoverished people in Bangladesh—a model replicated in many other countries across the world.

From Seattle Times