microfinance

English

Etymology

From micro- +‎ finance. Coined by German sociologist and economist Hans Dieter Seibel in 1990.[1]

Noun

microfinance (usually uncountable, plural microfinances)

  1. (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 9 February 2011:
      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

Translations

References

  1. ^ 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

Etymology

From micro- +‎ finance.

Pronunciation

  • IPA(key): /mi.kʁɔ.fi.nɑ̃s/

Noun

microfinance f (plural microfinances)

  1. (finance) microfinance

Derived terms

  • microfinancement
  • microfinancer
This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.