Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps


Noun: microcredit  'mI-krow,kre-dit
  1. A small loan, esp. to someone living in poverty who would not qualify for a standard bank loan, often given to start a small business
    - microloan
     
  2. The process and business (or charity) of making of small loans to poor people to enable them to start a business, esp. to help people in developing countries escape poverty
    - microlending, microfinance

Type of: loan

Encyclopedia: Microcredit

Nearest

microcline
Micrococcaceae
Micrococcus
microcode
microcomputer
micro-cook
microcopy
microcosm
microcosmic
microcosmic salt
microcredit
microcrystal
microcrystalline
microcyte
microcytic anaemia
microcytic anemia
microcytosis
Microdesmidae
microdevice
Microdipodops
microdot