microloan
Small-scale borrowing aid
A microloan is a small loan, typically a few hundred dollars or less, extended to borrowers who lack access to traditional banking—often entrepreneurs in developing countries or underserved communities.
Microloans fund small businesses, equipment purchases, or basic needs: She started her textile business with a $200 microloan.
The practice, called microfinance or microlending, aims to reduce poverty by providing capital to those conventional lenders consider too risky or unprofitable to serve.
Independence from outside aid
- entrepreneurshipCreating and managing ventures
- livelihoodMeans of earning income
- self-employmentWorking for yourself
- grassrootsCommon people as political base
Attention, stake, or fee
- repaymentGiving back what's owed
- borrowerOne who takes temporarily
- lenderOne who loans money
- collateralSecurity for debt
installment · principal · default · credit · debt · amortization · underwriting · disbursement
New business enterprise
- artisanSkilled manual tradesperson
- handcraftCreate something manually
- vendorOne who sells goods
- shopkeeperSmall store manager
farmer · cooperative · inventory · equipment · livestock · smallholder · trade
Independent charitable organization
- nonprofitOrganization serving public good
- credit-unionMember-owned financial cooperative
- donorOne who contributes freely
- outreachProactive community assistance
self-sufficiency
Independence from outside aid
- entrepreneurshipCreating and managing ventures
- livelihoodMeans of earning income
- self-employmentWorking for yourself
interest
Attention, stake, or fee
collateral · installment · principal · default · credit · debt · amortization · underwriting · disbursement · creditworthy
startup
New business enterprise
shopkeeper · farmer · cooperative · inventory · equipment · livestock · smallholder · trade
NGO
Independent charitable organization
- nonprofitOrganization serving public good
- credit-unionMember-owned financial cooperative
- donorOne who contributes freely
- loansloans, lend, borrow, auto loans, bank loans
- fundingfunding, grant, grants, venture capital, crowdfunding
- lendingloans, borrower, approval, lenders, lender
- business debtcredit line, line of credit, accounts payable, balloon payment, corporate bond
- Micromicrobe, microbes, microchip, microchips, microscope
- microeconomysmall business, local market, local economy, family business, sole proprietor
microloanmegadeal
Enormous business transaction
jumbo loan · jumbo mortgage · mortgage · commercial mortgage · sovereign debt