Microcredit definition

Microcredit means a loan of up to EUR 25 000;
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Microcredit means a credit made or proposed to be made to an IDP out of the proceeds of the Credit by ARRA, through a Service Provider (as hereinafter defined), under a Microcredit Agreement (as hereinafter defined) pursuant to the provisions of paragraph 7 of Schedule 2 to the Project Agreement; and the term
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Microcredit means the provision of small loans to small or micro enterprises, low-income customers, financially underserved customers, or as determined by the Registrar, where—
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Examples of Microcredit in a sentence

  • Microcredit for Rural Water Supply and Sanitation in the Mekong Delta.

  • Microcredit activities must be supervised and controlled by the sponsoring club or district.

  • Financing income” is generated from loans facilitated through the Company’s platform funded by the consolidated trusts and Fuzhou Microcredit, which charge fees and interests from borrowers.

  • The Bank has suspended further appropriation to SMEEIS (now known as Microcredit Fund) reserve account in line with the decision reached at the Banker’s Committee meeting and approved by CBN.

  • Microcredit activities need to be supervised and controlled by the sponsoring club or district.

  • Therefore, all MCFs are legal successors of the property, rights and obligations of MCOs established in accordance with the Law on Microcredit Organisations from 2000.

  • Six Randomized Evaluations of Microcredit: Introduction and Further Steps.

  • Grant sponsors need to submit a Global Grant Report Supplement for Microcredit Projects with the final grant report.

  • Clubs and districts that want to use global grant funds to support a microcredit project need to submit a Global Grant Application Supplement for Microcredit Projects with their grant applications.

  • In accordance with Article 11 of the Decision on General Conditions for Operations of Microcredit Organisations, MCOs shall keep records on donated funds and treat them as donated capital on which they have to report to the Agency.


More Definitions of Microcredit

Microcredit means small loans to persons in need, as defined by the relevant laws, for personal use or for agricultural activities, and self-employment projects that generate income.
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Microcredit means a loan made or proposed to be made by a PO to a Beneficiary for an Eligible Activity;
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Microcredit means sub-loan financing provided by the Borrower, through OGM, to a Beneficiary from the proceeds of the Loan, in accordance with Schedule 2, Section 1.C to this Agreement, to carry out activities under Part 2.C(iii) of the Project; “Microcredits” means collectively all such sub-loan financing.
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Microcredit means the business of extending primarily short-term and medium- term credit to low-income persons, typically without requiring collateral.
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Microcredit means the microcredit as per the definition under section 2(22) of the Act; (15)“Microcredit Organization” means the microcredit organization as per the definition under
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Microcredit means a credit accommodation whose security may include non-traditional collateral, granted to a natural person, individually or in a group, whose income depends on his or her own business or economic activity and who may lack formal financial statements and other accounting and operational records.
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Related to Microcredit

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • Beta Services means Xxxxxx services or functionality that may be made available to Customer to try at its option at no additional charge which is clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation, or by a similar description.

  • Solutions means Products and Services provided under this “CPE Products & Services; Professional Services” Section.

  • Renewable Resources means one of the following sources of energy: solar, wind, tidal, geothermal, biomass, hydroelectric facilities or digester gas.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Automotive hard paste wax means an automotive wax or polish that is:

  • Broadband or “Broadband Service” means any service defined as Broadband, or having advanced telecommunications capability, in the most recent Federal Communications Commission inquiry pursuant to Section 706 of the Telecommunications Act of 1996 (P.L. 104-104).2

  • DBS means the Disclosure and Barring Service;

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • IRDAI means the Insurance Regulatory and Development Authority of India.

  • SIM Card means the subscriber identity module (a card containing identifying information) which enables a Handset to access the Network.

  • Marijuana processor means a person who processes marijuana items in this state.

  • Alternative energy technology means equipment, component parts, materials, electronic devices, testing equipment, and related systems that are specifically designed, specifically fabricated, and used primarily for 1 or more of the following: