Buscar
Cerrar este cuadro de búsqueda.

microcredit

« Back to Glossary Index

Microcredit is a variation on traditional credit service that involves providing small loans to people who would otherwise be unable to secure credit, typically because of poverty. Related barriers may include unemployment or underemployment and a lack of collateral and credit history. Microcredit is sometimes provided to fund a business initiative by the recipient. The entrepreneurs involved are sometimes referred to as “micro-entrepreneurs” because the scope of their projects and the sums required to fund them are very modest.

Synonyms:
microloan
« Back to Glossary Index
Facebook
Twitter
LinkedIn
Reddit
WhatsApp
Telegram
Email
Print

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *