microlending
Small-scale financial assistance
Microlending is the practice of making very small loans to people who lack access to traditional banking—typically entrepreneurs in developing countries who need modest capital to start or expand small businesses.
A farmer might borrow fifty dollars for seeds, a seamstress two hundred for a sewing machine.
The loans are often facilitated by nonprofit organizations or online platforms that connect lenders directly with borrowers: She participates in microlending through Kiva.
Also called microfinance or microcredit.
Serverless network architecture
- crowdfundingRaising capital from masses
- borrowerOne who takes temporarily
- repaymentGiving back what's owed
- creditworthinessAbility to repay debts
microenterprise · capital · funding · underbanked · unbanked · principal · installment · default
Jointly operated enterprise
- localOf this area
- neighborhoodResidential area nearby
- bottom-upStarting from fundamentals
- collectiveJointly organized group
Independence from outside aid
- entrepreneurshipCreating and managing ventures
- livelihoodMeans of earning income
- independenceFreedom from external control
- autonomyIndependent decision-making capacity
upliftment · resilience · prosperity · enfranchisement · dignity · opportunity · self-employment · agency
peer-to-peer
Serverless network architecture
- crowdfundingRaising capital from masses
- borrowerOne who takes temporarily
- repaymentGiving back what's owed
creditworthiness · microenterprise · capital · funding · underbanked · unbanked · principal · installment · default · disbursement
cooperative
Jointly operated enterprise
- localOf this area
- neighborhoodResidential area nearby
- bottom-upStarting from fundamentals
self-sufficiency
Independence from outside aid
- entrepreneurshipCreating and managing ventures
- livelihoodMeans of earning income
- independenceFreedom from external control
autonomy · upliftment · resilience · prosperity · enfranchisement · dignity · opportunity · self-employment · agency
- alternative financecrowdfunding, DeFi, angel investing, buy now pay later, factoring
- Global Aidaid, humanitarian aid, foreign aid, disaster relief, relief work
- Social Enterprisesocial enterprise, social innovation, ethical business, triple bottom line, impact investing
- social financecrowdfunding, impact investing, social bonds, green bonds, ethical investing
- economic ethicsfair wages, fair pricing, economic justice, economic fairness, wealth redistribution
- sharing economysharing economy, timeshare, sharing, peer-to-peer, carpool
microlendingprivate banking
Bespoke services for millionaires
wealth management · redlining · predatory lending · loan sharking · usury
lend, lender, lending, micro, lenders, microcredit, microfinance, microloans, microloan