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microfinance
(redirected from Microfinance institution)

   Also found in: Acronyms, Wikipedia 0.06 sec.
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
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Give money to a donation-based microfinance institution, such as Opportunity International (opportunity.
MFI is allowing other microfinance institutions to use its Web-based banking system to deliver remittances to rural areas at a lower cost.
Microfinance institutions choose their operating region and clients.
 
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