micro loan
Small-scale lending aid
A micro loan is a very small loan, typically a few hundred dollars or less, extended to borrowers who lack access to traditional banking—often entrepreneurs in developing countries starting or expanding small businesses.
Microfinance institutions specialize in such lending: She used a micro loan to buy a sewing machine and start her tailoring business.
Also spelled microloan.
- microfinanceSmall loans for poor entrepreneurs
- lendingTemporary provision of resources
- group lendingJoint-liability microfinance model
- borrowerOne who takes temporarily
- small businessModest independent commercial venture
working capital · entrepreneur · interest · interest rate · repayment · credit · poverty · village · women · empowerment · developing · collateral · installment · seed money · startup · kiva · community · self-employed
- microeconomysmall business, microenterprise, microfinance, microloan, local market
- creditcredit card, credit score, credit limit, credit cards, credit scores
micro loanventure capital
Startup growth financing
private equity · equity investment · angel investment · IPO · equity stake
micro, loan, micros, loans, loaned, loaning, loaner, microbe, microbial