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microfinance |
Also found in: Wikipedia | 0.07 sec. |
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microfinance: see microcredit microcredit, the extension to poor individuals of small loans to be used for income-generating activities that will improve the borrowers' living standards. The loans, which may be as little as $20 for very poor borrowers in some developing countries, typically are ..... Click the link for more information. . |
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Yes and that's exactly what BancoSol, Bolivia's leading bank in microfinance business, has managed to do. Microfinance in the United States: The Working Capital experience--Ten years of lending and learning. A small non-profit known as Microfinance International (MFI) is channeling the flow of remittances into new markets. |
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