Dictionary
microcredits
noun
Plural of microcredit
Exact(13)
Microcredits, for example, already exist.
(The balance will be returned to the government, or used to fund social programs like microcredits).
Cuba has agreed to allow the European Union to open a business school in Havana and extend a small but politically significant first tranche of $2.5 million in microcredits to the emerging private economy.
Within six years Yunus managed, first, to persuade the institutional banks to lend him the money he needed (though initially he himself had to act as guarantor) to offer what he called his microcredits, a term he invented; second, to reach 50-50 parity between the sexes, to lend money to as many women as men.
This model of microcredits has been imitated in more than 80 countries, reaching 100 million people worldwide.
The organisation, together with Regios, GLS Bank, the department of employment and the European Social Fund, also provides interest-free chiemgauer denominated microcredits for small businesses.
Similar(47)
Nirmala is proud to have been elected treasurer of her microcredit group, but the role brings great responsibility.
The traditional values of property ownership make it harder for women to negotiate a loan, so the NGO has set up their own microcredit foundation to do just that.
His Thai Rak Thai party, whose policies of cheap health care and microcredit had won strong support from rural voters, was subsequently dissolved.
With the help of a microcredit bank, they have increased daily output to 2,000 bars of crumbly soap the colour of Dijon mustard.
Muhammad Yunus, the head of Bangladesh's Grameen Bank and the industry's founding figure, has described Vikram Akula, SKS's founder, as a "capable young man [who] took a wrong turn when he decided to use microcredit for making money".
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