microlender

(redirected from Micro-Lender)

Microlender

A person or bank that makes loans in small amounts. In the developing world, microlenders often make loans of only a few dollars to facilitate the start of small businesses. In this case, the interest can be a flat fee that does not compound. In the developed world, microlenders make loans of $5,000 to $25,000 and charge higher interest rates than they would for larger loans.

microlender

A company or organization that makes small loans to businesses that are generally unable to obtain financing from a regular source. Microlender loans often range from $5,000 to $25,000 at interest rates higher than those charged by commercial banks.
References in periodicals archive ?
Yunus, who is challenging the tax bill, was removed as head of the micro-lender Grameen Bank that he founded in 2011, in a move widely seen as orchestrated by Hasina.
Partnering with Accion, the nation's largest nonprofit micro-lender, Sam Adams has provided more than 310 loans to small businesses totaling more than $2.
Haggas also serves as a board member of TMC Development Working Solutions, a business micro-lender in the SF Bay Area.
A representative from SBA micro-lender, Pathway Lending, will also be on site at the Kingsport Chamber of Commerce on Tuesday, August 13, 2013 and Wednesday, August 14, 2013, from 8 a.
The IFC is to work with German and French partners, as well as Cambodia-based ACLEDA Bank, to help the micro-lender, ACLEDA MFI Myanmar, begin operations this year.
org) is a global, nonprofit micro-lender dedicated to creating economic opportunity by connecting people to the financial tools they need to improve their lives.
Laborde was director of community finance at Mexican micro-lender FinComun, followed by a stint implementing sustainable, lair-trade coffee production in Mexico.
We have only one micro-lender, Northern Community Investment Corp.
The bank provided a $100,000 line of credit to a nonprofit micro-lender and a revolving line of credit to a nonprofit economic
Ashe became familiar with the idea in the 1970s and 1980s while working with Accion International, a micro-lender in Latin America.
The micro-lender said that if it was given a license, it would help it to transform into a deposit-taking institution.