Definition of “microlender” - English Dictionary


“microlender” in Business English

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microlendernoun [ C ]

uk /ˈmaɪkrəʊˌlendər/ us 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)