Definition of microfinance noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˈmaɪkrəʊfaɪnæns//
; NAmE NAmE//ˈmaɪkroʊfaɪnæns//
[uncountable] Helping others
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a system of providing services such as lending money and saving for people who are too poor to use banks the role of microfinance in fighting poverty The families now have access to microfinance. See related entries: Helping others
See the Oxford Advanced American Dictionary entry: microfinance