Meaning of microfinance | Babel Free

Definitions

Finance that is provided to unemployed or low-income people or groups.

uncountable, usually

Equivalents

Examples

“Microfinance, once a relative cottage industry championed by antipoverty activists and development wonks, is on the verge of a revolution, with billions of dollars from big banks, private-equity shops and pension funds pouring in.”

CEFR level