Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history. It is designed not only to support entrepreneurship and alleviate poverty, but also in many cases to empower women and uplift entire communities by extension. In many communities,...
Found on
http://en.wikipedia.org/wiki/Microcredit
a means of extending credit, usually in the form of small loans with no collateral, to nontraditional borrowers such as the poor in rural or ... [5 related articles]
Found on
http://www.britannica.com/eb/a-z/m/85
The loaning of very small sums of money to entrepreneurs, especially in the developing world, typically enabling the start-up of small business activities, especially social enterprise. See small business start-ups
Found on
http://www.encyclo.co.uk/local/22643
No exact match found.
