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microcredit

[ mahy-kroh-kred-it ]
/ ˈmaɪ kroʊˌkrɛd ɪt /
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noun

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

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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. 2021

British Dictionary definitions for microcredit

micro-credit
/ (ˈmaɪkrəʊˌkrɛdɪt) /

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
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