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单词 microfinance
释义 DictionarySeemicrocredit

microfinance


microfinance:

see microcreditmicrocredit,
the extension to individuals of small loans to be used for income-generating activities that will improve the borrowers' living standards. The borrowers, most of whom usually are poor women, do not qualify for a conventional bank loan, and the loans, which may be as
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Microfinance


Microfinance

Any mode of finance designed to provide low-income individuals with the means to become self-sufficient. Microfinance institutions issue small loans to those marginalized from normal modes of finance with the intention of helping the poor prosper by allowing them to save or borrow money. See: Microcredit
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更新时间:2024/11/11 20:35:47