Definition of microloan in English:
microloan
nounˈmʌɪkrə(ʊ)ləʊnˈmaɪkroʊˌloʊn
A small sum of money lent at low interest to a new business.
the company is offering microloans in the hospitality industry
Example sentencesExamples
- She received a microloan to start a business growing and selling fruit and vegetables.
- She starts a weaving business with a microloan and uses the profits to pay for nursing school.
- The goal is to help the community be self-sustainable, in part, by establishing a church, a school, and a microloan program.
- The majority of borrowers are landless rural women, and a typical micro loan might be used for the purchase of a cow.
- They lifted millions of people from poverty with micro loans.
- He contributed LD$1 million for the establishment of a microloan program.
- We were able to get a micro-loan, which paid for a kitchen on the premises.
- She got a microloan to start a weaving business with her mother.
- She got a micro-loan and she set up a sewing shop.
- The association provides micro loans for looms and other equipment.
Definition of microloan in US English:
microloan
nounˈmaɪkroʊˌloʊnˈmīkrōˌlōn
A small sum of money lent at low interest to a new business.
the company is offering microloans in the hospitality industry
Example sentencesExamples
- They lifted millions of people from poverty with micro loans.
- She starts a weaving business with a microloan and uses the profits to pay for nursing school.
- She received a microloan to start a business growing and selling fruit and vegetables.
- The goal is to help the community be self-sustainable, in part, by establishing a church, a school, and a microloan program.
- She got a microloan to start a weaving business with her mother.
- We were able to get a micro-loan, which paid for a kitchen on the premises.
- He contributed LD$1 million for the establishment of a microloan program.
- The association provides micro loans for looms and other equipment.
- The majority of borrowers are landless rural women, and a typical micro loan might be used for the purchase of a cow.
- She got a micro-loan and she set up a sewing shop.