microlending

noun
mi·​cro·​lend·​ing | \¦mī-krō-¦len-diŋ \

Definition of microlending 

: the lending of money in small amounts to impoverished individuals and groups who are unable to obtain loans from mainstream banks

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Other Words from microlending

microlender \ ¦mī-​krō-​¦len-​dər \ noun plural microlenders
Many microlenders follow up the first loan with others, trying to ensure that women can grow their businesses as their skills improve. — Peggy O'Riley, Ms., June/July 1999

First Known Use of microlending

1990, in the meaning defined above

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The first known use of microlending was in 1990

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