Micro Leasing definition

Micro Leasing means all the finance leasing operations with the following characteristics (i) where the average value of the asset in the portfolio is up to ten million Tanzanian shillings (ii) where the leasing term does not exceed 24 months.
Micro Leasing means finance leasing operations where the average value of the asset in the portfolio is up to ten million Tanzanian shillings and the leasing term does not exceed twenty four months;
Micro Leasing means provision of appropriate financial leasing products to small or micro enterprises, low-income customers, or financially underserved customers;

Related to Micro Leasing

  • Natural area means an area of the rural or non-urban environment which is in an unspoilt natural state or is of high scenic value, and includes, but is not limited to, national parks, game reserves, nature reserves, marine reserves, wilderness areas, areas of extensive agriculture and scenic areas;

  • Residential building means a building containing one or more residential dwellings.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Condominium Corporation means a condominium or strata corporation established under provincial legislation.