Micro Loan definition

Micro Loan means a Loan in which the principal amount does not exceed One Hundred Thousand dollars ($100,000).
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Micro Loan means a loan of under seven thousand five hundred
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Micro Loan means a loan of an amount not exceeding—
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Examples of Micro Loan in a sentence

  • The Township of Manitouwadge (the Administrator) is administering the Micro Loan program on behalf of Barrick as a small business recovery loan program due to the negative economic effect of COVID-19.

  • BioDrain shall pay $25,965.03 to NWBDC as payment in full of the Micro Loan.

  • Loans to customers comprise the following products: December 31, 2014 December 31, 2013 Individual Express Loan 79,282,712 66,313,700 Individual Rural Loan 46,103,874 35,804,609 Group Rural Loan 159,124 1,002,031 Individual Micro Loan 7,337,421 6,420,310 Solidarity Credit Group Loan 433,101 1,655,463 133,316,232 111,196,113 Less: allowance for impairment losses (2,658,296) (819,029) At December 31, 2014 the Bank had 33 borrowers (2013: 34 borrowers) with aggregated loan amounts above GEL 40,000.


More Definitions of Micro Loan

Micro Loan means a Small Business loan that has a principal amount that is less than or equal to twenty-five thousand dollars.
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Micro Loan means a Loan with or without collateral the maximum principal of which shall not exceed 10,000,000 Kip, or such other amount as the Bank of Lao PDR may be determined from time to time.
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Micro Loan means a Term Loan Loan in which the principal amount does not to exceed twenty-fiveone hundred thousand dollars ($100,000).
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Micro Loan means a loan made or proposed to be made by a Service Provider to a Beneficiary for the carrying out of a Sub-project;
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Micro Loan means a loan given to a household having annual household income up to three lakh rupees or such limit as the Government may fix from time to time, by notification.
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Micro Loan means small loan provided to low income population including small enterprises, low income households and individuals;
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Micro Loan means any financial assistance by way of collateral free / third party guarantee free loan/limit (currently `10 lakh). The scheme is for the purpose of providing guarantees to loans extended under Pradhan Mantri Mudra Yojana (PMMY).
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