Definition of microlending in English:
microlending
noun ˈmʌɪkrə(ʊ)lɛndɪŋˈmīkrōˌlendiNG
another term for microcredit
Derivatives
noun
To grow from, say, 50,000 borrowers to 500,000, the microlenders need to dramatically increase their capital.
Example sentencesExamples
- Demand is already too high for some established microlenders to serve everyone.
- To expand faster, microlenders need to tap capital markets.
- In effect, microlenders are operating with a cost structure more closely related to private banking than general retail banking.
- We also now have micro lenders which are great for small loans of a few thousand dollars.
Rhymes
ending, impending, uncomprehending, unoffending, unpretending