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 ?

Global Banking News-October 16, 2017--Xiaomi and Shunwei Capital invest in micro-lender

Xiaomi and Shunwei Capital invest in micro-lender

JIMU Group's wholly-owned subsidiaries include Jimubox, JimuTimes, an offline consumer loan origination business, and JimuXD, a micro-lender that is licensed to directly fund consumer loans online, nationally.

PINTEC Group to form independent JIMU Group

The Reserve Bank last year granted in-principle nod to micro-lender Bandhan and infra lender IDFC to enter universal banking fray.

IT SPENDING BY BANKS, SECURITIES ON THE RISE

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.

Bangladesh asks Nobel laureate Yunus to pay $1.5 mln in tax

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.

'American dream' contest proves no business is small--when it's yours

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.

SBA Provides Disaster Loans for Business and Home Owners

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.

-IFC ready to provide finance for microfinance industry in Myanmar

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.

Small biz toolkit for budding women entrepreneurs: from seed money to mentoring programs, here's a resource guide for new enterprises

Laborde was director of community finance at Mexican micro-lender FinComun, followed by a stint implementing sustainable, lair-trade coffee production in Mexico.

Armando Laborde: director of Ashoka Central America and Mexico

We have only one micro-lender, Northern Community Investment Corp.

SBA district director Greta Johansson

Letshego is a well-established pan-African micro-lender listed on the Botswana Stock Exchange that provides micro-loans in Botswana, Swaziland, United Republic of Tanzania, Uganda, Namibia, Zambia and Mozambique.

Trade in finance: cross-border investments in Botswana: Africa is emerging as an attractive investment destination and a key market for goods and services. Southern Africa, in particular, has changed significantly in the past decade showing a reduction in levels of indebtedness, an increase in the number of politically stable and democratic countries and solid measures to curb corruption

The bank provided a $100,000 line of credit to a nonprofit micro-lender and a revolving line of credit to a nonprofit economic