microfinance institution

US /ˈmaɪkroʊfaɪnəns ɪnstɪˈtuːʃən/
UK /ˈmaɪkroʊfaɪnəns ɪnstɪˈtuːʃən/
"microfinance institution" picture
1.

Mikrofinanzinstitution

an organization that provides financial services, such as small loans, savings, and insurance, to low-income individuals or groups who typically lack access to traditional banking services

:
Many rural communities rely on microfinance institutions for their economic development.
Viele ländliche Gemeinden verlassen sich für ihre wirtschaftliche Entwicklung auf Mikrofinanzinstitutionen.
The microfinance institution offered small loans to women entrepreneurs.
Die Mikrofinanzinstitution bot Kleinunternehmerinnen kleine Kredite an.