Microlending definition
Examples of Microlending in a sentence
The Lender accordingly reserves the right to increase/decrease the interest rate at any time should the Prime Lending Rate change, and in compliance with the Microlending Act and Regulations.
Microlenders are regulated under the provisions of the Microlending Act.
The microlender must, at every licensed premises where the microlender conducts the microlending business – keep available a copy of the Microlending Act, 2018 (Act No. 7 of 2018) (“the Act”), the regulations and the standards issued under the Act which must, on request, be made available to the loan applicant or borrower for perusal.
Microlending opportunities were evaluated as a vehicle for inclusion and integration of Roma minorities into mainstream society.