microfinance

English

Etymology

From micro- +‎ finance. Coined by German sociologist and economist Hans Dieter Seibel in 1990.[1]

Noun

microfinance (usually uncountable, plural microfinances)

  1. (finance) Finance that is provided to unemployed or low-income people or groups.
    • 2008 June 5, Barbara Kiviat, “The Big Trouble In Small Loans”, in Time‎[2], New York, N.Y.: Time Inc., →ISSN, →OCLC, archived from the original on 9 February 2011:
      Microfinance, once a relative cottage industry championed by antipoverty activists and development wonks, is on the verge of a revolution, with billions of dollars from big banks, private-equity shops and pension funds pouring in.

Derived terms

Translations

References

  1. ^ Hans Dieter Seibel (2005), “Does History Matter? The Old and the New World of Microfinance in Europe and Asia”, in University of Cologne Development Research Center‎[1], archived from the original on 6 August 2010: “When I first coined the term microfinance in 1990, I defined it as a sphere of finance comprising microcredit, microsavings and other microfinancial services.”

French

Etymology

    From micro- +‎ finance.

    Pronunciation

    • IPA(key): /mi.kʁɔ.fi.nɑ̃s/
    • Audio (France (Toulouse)):(file)

    Noun

    microfinance f (plural microfinances)

    1. (finance) microfinance

    Derived terms

    • microfinancement
    • microfinancer
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