English Dictionary
Definition microfinance in British English
microfinance noun
[uncountable] noun
/maɪkrəʊˈfaɪnæns/
1
loans and other financial services for people who are poor, and who cannot normally get these services from banks
Example
By supporting women's economic participation, microfinance helps to empower women.
Example
The majority of banks do not provide microfinance products as microfinance is an expensive enterprise.
Synonyms and related words
