Microlending definition

Microlending means the practice of lending moneys to microenterprises or microentrepreneurs.
Microlending means the practice of lending moneys to microenterprises or microentrepre-
Microlending means the act of making a microloan to a microenterprise.

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.


More Definitions of Microlending

Microlending means the practice of lending moneys to microenterprises or micro-