Microloan
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Microloan is a noun meaning (banking) A small loan, especially one extended to a poor person as part of a microcredit program of such lending intended to alleviate poverty.
Meaning
(banking) A small loan, especially one extended to a poor person as part of a microcredit program of such lending intended to alleviate poverty.
Example Sentences
He got a one hundred dollar microloan.
Word Forms
- microloans
Related Words
Related dictionary entries include microlending, microcredit, microbank, microlender, microfinancing, microborrower.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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