Definition of microlending
: the lending of money in small amounts to impoverished individuals and groups who are unable to obtain loans from mainstream banks
microlender\¦mī-krō-¦len-dər\ play noun, plural
microlendersMany 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
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First Known Use of microlending
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