Definition of microcredit in English:
The lending of small amounts of money at low interest to new businesses in the developing world.
- Begum introduced microcredit to the village a decade ago and 40 women solicited as loan borrowers jointly built a facility where they hold weekly gatherings for the payment of a loan installment.
- I would say, yes, in some cases we do, such as microcredit.
- India's deficiencies have been particularly connected with, on one side, neglect of social opportunities in the form of basic education, basic health care, land reform, development of microcredit, and so on.
Definition of microcredit in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan