microfinance

(noun)

finance that is provided to unemployed or low-income people or groups

Related Terms

Examples of microfinance in the following topics:

  • Microfinancing

    • The Grameen Bank is an example of a microfinance institution.
    • There are two main mechanisms for delivering microfinance services.
    • Microfinance is a broad category of services that includes microcredit.
    • An important source of detailed data on microfinance institutions is the MicroBanking Bulletin, which is published by the Microfinance Information Exchange.
    • Most criticisms of microfinance are actually just criticisms of microcredit.