Noun
microfinance (usually uncountable, plural microfinances)
(finance) Finance that is provided to unemployed or low-income people or groups.
We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did... It is not a panacea. Muhammad Yunus
Microfinance is the best example of success in the kinds of systemic institutional areas. Ela Bhatt
I believe in microfinance because it isn't just a path out of poverty. It's the road to self-reliance. By allowing people to team up and literally become their own bank, you can mobilize people and resources and alleviate poverty on the global scale. Queen Rania of Jordan
The moment you say microfinance everybody wants to help you. Muhammad Yunus
In 1989, I started the National Association of Business Women. We incorporated microfinance and different job training for women. We did a survey, with USAID, that found women lacked training, credit and information. Joyce Banda
Because microfinance is so manageable in terms of the size of the loan, people have made it the cornerstone to lifting women out of poverty. Gayle Tzemach Lemmon