microcredit

[mahy-kroh-kred-it]

noun

the lending of very small amounts of money at low interest, especially to a start-up company or self-employed person.

Also called mi·cro·lend·ing [mahy-kroh-len-ding] /ˈmaɪ kroʊˌlɛn dɪŋ/.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for micro-credit

micro-credit

noun

the practice of lending small amounts of money on minimal security, esp to help small businesses and communities in the developing world

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012