noun
- Small loans and financial services provided to low-income individuals or small businesses that lack access to traditional banking.
Usage: Usually used in plural or as a mass noun; Common in development economics and international finance
verb
- To provide microfinances or small loans to individuals or businesses.
Usage: Third-person singular present tense of 'microfinance'
Examples
- The nonprofit organization microfinances small entrepreneurs in rural villages.
- Microfinances have helped thousands of women start their own businesses in developing countries.
- Banks increasingly microfinances startups that traditional lenders consider too risky.
- Access to microfinances can lift families out of poverty.
- The program microfinances farmers with loans under $500.
- Microfinances offer an alternative to predatory lending practices.
- She received microfinances to open her tailoring shop.