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microcredit

noun — 2 senses

microcredit

noun

/ˈmaɪkɹoʊˌkɹɛdɪt/

Etymology From micro- + credit.

1

Banking, Business The practice of making very small loans, especially to poor people to promote self-employment; microlending.

2

Banking, Business A microloan.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.