microfinance institution
US /ˈmaɪkroʊfaɪnəns ɪnstɪˈtuːʃən/
UK /ˈmaɪkroʊfaɪnəns ɪnstɪˈtuːʃən/
1.
institución de microfinanzas
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
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Many rural communities rely on microfinance institutions for their economic development.
Muchas comunidades rurales dependen de las instituciones de microfinanzas para su desarrollo económico.
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The microfinance institution offered small loans to women entrepreneurs.
La institución de microfinanzas ofreció pequeños préstamos a mujeres emprendedoras.
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