microloan

noun

microloan

noun

Etymology From micro- + loan.

1

Banking, Business 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.
Related terms
microlending

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