micro-credit

British  

/ ˈmaɪkrəʊˌkrɛdɪt /

noun

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

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Example Sentences

It offered policies like universal healthcare and village-based micro-credit schemes which directly benefitted rural and low-income communities.

From BBC

Yunus, a Bangladeshi banker who was awarded his Nobel in 2006 for pioneering micro-credit loans to impoverished people, has worked with the International Olympic Committee on a business program for athletes.

From Seattle Times

Especially since I’ve got a micro-credit on the movie: Yes, in a story that lovingly re-creates the details of his 1980s Arkansas childhood, Isaac somehow found room to give his chronic-punster critic friend a printed cameo.

From Slate

Ramos had taken out a $3,000 micro-credit for “construction”.

From The Guardian

“Our collective aim over the next two to three years should be to help low-wage workers and the unorganised, informal economy easily accesses three products - insurance, micro-credit and pensions,” Bose said.

From Reuters