Microfinance

/ˈmaɪkroʊfaɪnæns/noun

Financial services, such as small loans, offered to individuals or small businesses who lack access to conventional banking.

Small-scale financial services, especially loans, provided to low-income individuals or small businesses without access to traditional banks.

Urdu

چھوٹے پیمانے کی مالی خدمات، خاص طور پر قرضے، جو روایتی بینکنگ سے محروم افراد یا کاروبار کو فراہم کی جاتی ہیں۔

Hindi

छोटे स्तर की वित्तीय सेवाएँ, विशेषकर ऋण, जो पारंपरिक बैंकिंग से वंचित व्यक्तियों या छोटे व्यवसायों को दी जाती हैं।

The microfinance program helped her open a small tailoring shop.

Related words

Practice

Several rural women started businesses with help from a loan.