microloan
noun
mi·cro·loan
ˌmī-krō-ˈlōn 
plural microloans
: a small loan typically for financing entrepreneurial projects by impoverished individuals and groups especially in poor or developing regions
An advocate of economic power for women and a founder of women's World Banking, she [Esther Afua Ocloo] led the movement offering microloans to run small businesses around the world.—
Ellen Sweet
Ellen SweetExamples of microloan in a Sentence
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These are also the places where small, timely investments, a microloan for climate-smart seeds, a microinsurance payout before a storm, a community savings fund for irrigation, could turn vulnerability into resilience.
—Felicia Jackson, Forbes.com, 29 Aug. 2025
In Kenya, Indonesia, and Brazil, startups are utilizing alternative datasets, such as mobile usage and merchant transactions, to deliver microloans and insurance to last-mile customers overlooked by traditional banks.
—Sopnendu Mohanty, Fortune, 24 Aug. 2025
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Felicia Jackson, Forbes.com, 29 Aug. 2025
In Kenya, Indonesia, and Brazil, startups are utilizing alternative datasets, such as mobile usage and merchant transactions, to deliver microloans and insurance to last-mile customers overlooked by traditional banks.
—Sopnendu Mohanty, Fortune, 24 Aug. 2025
See All Example Sentences for microloan
Cite this Entry
“Microloan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/microloan. Accessed 5 Sep. 2025.
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