microfinance
English edit
Etymology edit
micro- + finance. Coined by German sociologist and economist Hans Dieter Seibel in 1990.[1]
Noun edit
microfinance (usually uncountable, plural microfinances)
- (finance) Finance that is provided to unemployed or low-income people or groups.
- 2008 June 5, Barbara Kiviat, “The Big Trouble In Small Loans”, in Time[2], archived from the original on 2011-02-09:
- Microfinance, once a relative cottage industry championed by antipoverty activists and development wonks, is on the verge of a revolution, with billions of dollars from big banks, private-equity shops and pension funds pouring in.
Derived terms edit
Related terms edit
Translations edit
finance provided to low-income people
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References edit
- ^ Hans Dieter Seibel (2005) “Does History Matter? The Old and the New World of Microfinance in Europe and Asia”, in University of Cologne Development Research Center[1], archived from the original on 6 August 2010: “When I first coined the term microfinance in 1990, I defined it as as a sphere of finance comprising microcredit, microsavings and other microfinancial services.”
French edit
Etymology edit
Pronunciation edit
Noun edit
microfinance f (plural microfinances)