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The viral power of online media has proven how fast creative ideas can be spread and adopted, using tools like cellphones, digital cameras, micro-credit, mobile banking, Facebook, and Twitter. A perfect example? The way the Green Movement in Iran caught fire thanks to social media.
Tina Brown

Meaning of "micro-credit" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF MICRO-CREDIT

micro-credit  [ˈmaɪkrəʊˌkrɛdɪt] play
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GRAMMATICAL CATEGORY OF MICRO-CREDIT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Micro-Credit is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES MICRO-CREDIT MEAN IN ENGLISH?

Microcredit

Microcredit is the extension of very small loans to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history. It is designed not only to support entrepreneurship and alleviate poverty, but also in many cases to empower women and uplift entire communities by extension. In many communities, women lack the highly stable employment histories that traditional lenders tend to require. Many are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million men and women held microloans that totalled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 per cent. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Bangladesh in 1983. Many traditional banks subsequently introduced microcredit despite initial misgivings. The United Nations declared 2005 the International Year of Microcredit.

Definition of micro-credit in the English dictionary

The definition of micro-credit in the dictionary is the practice of lending small amounts of money on minimal security, esp to help small businesses and communities in the developing world.

WORDS THAT RHYME WITH MICRO-CREDIT


accredit
əˈkrɛdɪt
coedit
kəʊˈɛdɪt
credit
ˈkrɛdɪt
disaccredit
ˌdɪsəˈkrɛdɪt
discredit
dɪsˈkrɛdɪt
edit
ˈɛdɪt
eurocredit
ˈjʊərəʊˌkrɛdɪt
geddit
ˈɡɛdɪt
miscredit
ˌmɪsˈkrɛdɪt
misedit
ˌmɪsˈɛdɪt
noncredit
ˌnɒnˈkrɛdɪt
preedit
priːˈɛdɪt
reedit
riːˈɛdɪt
subedit
sʌbˈɛdɪt

WORDS THAT BEGIN LIKE MICRO-CREDIT

micro
micro-scooter
micro-time
microaerophile
microaerophilic
microampere
microanalyses
microanalysis
microanalyst
microanalytic
microanalytical
microanatomical
microanatomy
microarray
microbalance
microbar
microbarograph
microbe
microbeam
microbial

WORDS THAT END LIKE MICRO-CREDIT

Bank Giro Credit
carbon credit
confirmed credit
confirmed letter of credit
consumer credit
copy-edit
documentary letter of credit
export credit
family credit
letter of credit
line of credit
on credit
overedit
reaccredit
revolving credit
Social Credit
tax credit
Working Families Tax Credit

Synonyms and antonyms of micro-credit in the English dictionary of synonyms

SYNONYMS

Translation of «micro-credit» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF MICRO-CREDIT

Find out the translation of micro-credit to 25 languages with our English multilingual translator.
The translations of micro-credit from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «micro-credit» in English.

Translator English - Chinese

小额信贷
1,325 millions of speakers

Translator English - Spanish

microcrédito
570 millions of speakers

English

micro-credit
510 millions of speakers

Translator English - Hindi

लघु ऋण
380 millions of speakers
ar

Translator English - Arabic

القروض الصغيرة
280 millions of speakers

Translator English - Russian

микро- кредит
278 millions of speakers

Translator English - Portuguese

micro- crédito
270 millions of speakers

Translator English - Bengali

ক্ষুদ্র ঋণ
260 millions of speakers

Translator English - French

micro- crédit
220 millions of speakers

Translator English - Malay

Kredit mikro
190 millions of speakers

Translator English - German

Mikrokredit
180 millions of speakers

Translator English - Japanese

マイクロクレジット
130 millions of speakers

Translator English - Korean

마이크로 크레딧
85 millions of speakers

Translator English - Javanese

Kredit mikro
85 millions of speakers
vi

Translator English - Vietnamese

tín dụng vi mô
80 millions of speakers

Translator English - Tamil

மைக்ரோ கடன்
75 millions of speakers

Translator English - Marathi

सूक्ष्म क्रेडिट
75 millions of speakers

Translator English - Turkish

Mikro kredi
70 millions of speakers

Translator English - Italian

microcredito
65 millions of speakers

Translator English - Polish

mikrokredytów
50 millions of speakers

Translator English - Ukrainian

мікро - кредит
40 millions of speakers

Translator English - Romanian

micro - credit
30 millions of speakers
el

Translator English - Greek

μικρο - πίστωσης
15 millions of speakers
af

Translator English - Afrikaans

mikro - krediet
14 millions of speakers
sv

Translator English - Swedish

mikrokrediter
10 millions of speakers
no

Translator English - Norwegian

mikrokreditt
5 millions of speakers

Trends of use of micro-credit

TRENDS

TENDENCIES OF USE OF THE TERM «MICRO-CREDIT»

The term «micro-credit» is regularly used and occupies the 107.243 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
50
/100
The map shown above gives the frequency of use of the term «micro-credit» in the different countries.
Principal search tendencies and common uses of micro-credit
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «micro-credit».

FREQUENCY OF USE OF THE TERM «MICRO-CREDIT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «micro-credit» during the past 500 years. Its implementation is based on analysing how often the term «micro-credit» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about micro-credit

EXAMPLES

QUOTES WITH «MICRO-CREDIT»

Famous quotes and sentences with the word micro-credit.
1
Tina Brown
The viral power of online media has proven how fast creative ideas can be spread and adopted, using tools like cellphones, digital cameras, micro-credit, mobile banking, Facebook, and Twitter. A perfect example? The way the Green Movement in Iran caught fire thanks to social media.

10 ENGLISH BOOKS RELATING TO «MICRO-CREDIT»

Discover the use of micro-credit in the following bibliographical selection. Books relating to micro-credit and brief extracts from same to provide context of its use in English literature.
1
Beyond Micro-credit: Putting Development Back Into Micro-finance
Beyond Micro-Credit sets out how Indian Micro-Finance Initiatives are combining micro-finance with a wide range of development goals, these include not only poverty alleviation through providing savings, credit and insurance services but ...
Thomas Fisher, M. S. Sriram, 2002
2
Micro Credit Management by Women's Self-help Groups
Contents: Introduction, Growth of Self Help Groups in India, Review of Literature, Methodology, Performance of the Self Help Groups, Impact of Micro Credit on SHG Members, Summary and Conclusion.
U. Jerinabi, 2006
3
Micro-credit, Poverty and Empowerment: Linking the Triad
Two persistent problems that affect a significant portion of Indian women are poverty and violation of their human rights. In recent years, micro-credit has come to be viewed as a vital tool to ameliorate both conditions.
Neera Burra, Joy Deshmukh-Ranadive, Ranjani K. Murthy, 2009
4
Assessing the Impact of Micro-credit on Poverty and ...
While micro-credit interventions can play a role in reducing vulnerability through a number of channels, a significant impact on poverty reduction is achieved under more restrictive conditions.
Hassan Zaman, 1999
5
Micro-credit and Gendered Moral Economies: A Case Study of ...
Micro-credit programs, one of the most important development initiatives within the past decade, often target rural women in the Global South.
Holly Worthen, 2007
6
The Role of Micro Credit and NGOs in Economic Development
Contents: Small People s Banks: The Role of Micro-Enterprise Banks in Development Assistance, On the Way to Commercial Micro Credits, After the Micro-credit Summit: How to Implement its Anti- Poverty Strategy, No Miracle Weapon for ...
M.L. Narasaiah, 2003
7
The Design of Micro Credit Contracts and Micro Enterprise ...
This book analyzes the law and economics theories on access to credit and enterprise finance and based on case studies in Uganda, presents empirical findings of the promise and limits of contractual innovations in micro credit.
Tarinyeba-Kiryabwire, Winifred, 2014
8
Women and Micro Credit: Towards an Understanding of Women's ...
Keywords. micro credit; women; informal economy; poverty; empowerment; international social work; Middle East
Julie L. Drolet, 2006
9
Micro-credit and Rural Development
Papers presented at a national conference.
Anil Kumar Thakur, Praveen Sharma, 2009
10
The Role of Micro Credit
This study is about micro credit and its contribution to the improvement and poverty reduction for millions of the poorest people of Bangladesh.
Suman Dey, Md. Anwarul Kabir, Mohammad Shamsal Islam, 2012

10 NEWS ITEMS WHICH INCLUDE THE TERM «MICRO-CREDIT»

Find out what the national and international press are talking about and how the term micro-credit is used in the context of the following news items.
1
Why India, Pakistan treat their Nobel laureates shamefully
Her party cadres, encouraged by her stance, criticised the micro-credit movement that pulled millions of poor Bangladeshis out of poverty. «DailyO, Jul 15»
2
Child marriage is a game changer: Christine Hunter
Prothom Alo: But micro-credit is mostly directed towards women... Christine Hunter: Yes, but who gets the benefit of the credit? And who gets ... «Prothom Alo, Jul 15»
3
Jamaica sweeps prestigious C'bean Microfinance Awards in Miami
JN Small Business Loans, which is the largest micro-credit provider in Jamaica, edged out Jamaica Microcredit Limited to cop the Responsible ... «Jamaica Observer, Jul 15»
4
Film Review: 'The Wednesday Child'
When Maja's neighbor Bobe (Annamaria Nemeth) tells her about a micro-credit scheme for entrepreneurs being run out of the local community ... «Variety, Jul 15»
5
Wanted: investors with capital, expertise and experience
Micro-credit, the investment innovation that provides credit to groups traditionally excluded from financial services to start small businesses, ... «Financial Times, Jul 15»
6
Just How Charitable is Whole Foods Inc.?
... suppliers in developing areas of the world, including combating poverty, aiding with natural disaster relief, and providing micro-credit loans. «Motley Fool, Jul 15»
7
Vatican to host meetings on Climate Change, Human Trafficking
We, Brazilian mayors, are promoting training, micro-credit and entrepreneurship to generate employment and income, guaranteeing dignity to ... «Vatican Radio, Jul 15»
8
The reason why I trust and love Jews
One article that I wrote for them included interviewing Bangladesh Noble prize winner Mohammad Yunus, founder of the micro-credit Grameen ... «Jerusalem Post Israel News, Jul 15»
9
Kibera - the Challenges of Urban Development
Town Center also offers business skills training and micro-credit. "It's a place of opportunities," said manager Ned Nyaima. "We want Town ... «AllAfrica.com, Jul 15»
10
Connecting Citizens With Govt Through Smartcard
... programme, to the micro-credit and economic empowerment, highly-subsidized agric input and supplies, Free Education and sundry others. «AllAfrica.com, Jul 15»

REFERENCE
« EDUCALINGO. Micro-Credit [online]. Available <https://educalingo.com/en/dic-en/micro-credit>. Apr 2024 ».
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