Definition

microfinances

noun
  1. Small loans and financial services provided to low-income individuals or small businesses that lack access to traditional banking.
  2. Usage: Usually used in plural or as a mass noun; Common in development economics and international finance
verb
  1. To provide microfinances or small loans to individuals or businesses.
  2. 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.

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