microlending

noun
mi·​cro·​lend·​ing | \ ¦mī-krō-¦len-diŋ How to pronounce microlending (audio) \

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 How to pronounce microlending (audio) \ 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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Dictionary Entries Near microlending

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microlending

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Cite this Entry

“Microlending.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/microlending. Accessed 24 Oct. 2021.

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