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Definition 2024
microloan
microloan
English
Noun
microloan (plural microloans)
- (banking) A small loan, especially one extended to a poor person as part of a microcredit program of such lending intended to alleviate poverty.
- He got a one hundred dollar microloan.
Translations
small loan given to a poor person to enable him to become self-employed
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See also
- microloan on Wikipedia.Wikipedia
- microlending