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English definition of “microlender”

microlender

noun [C]
 
 
/ˈmaɪkrəʊˌlendər/ ECONOMICS, FINANCE
a company or organization that lends small amounts of money to people or businesses that have low incomes and that cannot use traditional banking services: The microlender wants to help existing business owners expand their operations.
(Definition of microlender from the Cambridge Business English Dictionary © Cambridge University Press)
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