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Definition of Microcredit
1. Noun. (uncountable banking) The practice of making very small loans, especially to poor people to promote self-employment; microlending. ¹
2. Noun. (countable banking) A microloan. ¹
¹ Source: wiktionary.com
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1. Noun. (uncountable banking) The practice of making very small loans, especially to poor people to promote self-employment; microlending. ¹
2. Noun. (countable banking) A microloan. ¹
¹ Source: wiktionary.com