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Definition of microloan

microloan

/ˈmaɪkroʊˌloʊn/
mi · cro · loan
Plural:microloans
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microloan Lexical Profile

microloan Game Scores & Validity

• noun

1

A very small sum of money lent at a low interest rate, typically issued to an impoverished entrepreneur or small business owner who lacks access to traditional banking services.

Example

"With the help of a community microloan, she purchased a sewing machine and launched a profitable tailoring business."

Synonyms
View all synonyms for microloan

• Nearby Words

microlender
microlending
microliter
microloan
micromachine
micromanage
micromanagement

Usage Trend

Historical frequency of usage in published text.

180019102020
Data source: Google Books Ngram Viewer

Cite this Entry

Wordmom. (2026). Definition of Microloan. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/microloan
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