microloan
noun [ C ] business specialized uk/ˈmaɪ.krəʊ.ləʊn/ us/ˈmaɪ.kroʊ.loʊn/
(以低利率借给新企业的一小笔)微型贷款,小额贷款
a small amount of money that is lent at a low rate of interest to a new business
With a $1,300 microloan she started the company in April at her home. 4月份,她用1300美元的小额贷款在家里创办了这家公司。
Microloan applicants are often small enterprises that have just a few employees and typically do not qualify for traditional bank lending. 小额贷款申请者往往是只有少数雇员的小企业,通常不具备获得传统银行贷款的资格。
- More examples
- She used her microloan to purchase livestock that she will later sell at market for a profit.
- Without the microloan that paid for a computer and other business equipment, she would have had to apply for welfare.
- The average microloan borrower has a credit score of 600 out of 800 points, far below the minimum of 700.