Definition of microfinance noun from the Oxford Advanced American Dictionary

 

microfinance

 noun
noun
NAmE//ˈmaɪkroʊˌfaɪnæns//
 
, NAmE//ˈmaɪkroʊfəˌnæns//
 
[uncountable]
 
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a system of providing services such as lending and saving money for people who are too poor to use banks the role of microfinance in fighting poverty The families now have access to microfinance.
See the Oxford Advanced Learner's Dictionary entry: microfinance