Microcredit
id:
microcredit-182-12414109
title:
Microcredit
text:
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, and a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled nearly US$40 billion. Grameen Bank reports that repayment success rates are betwe
brand slug:
wiki
category slug:
encyclopedia
description:
Small loans to impoverished borrowers
original url:
https://en.wikipedia.org/wiki/Microcredit
date created:
2003-01-11T02:23:41Z
date modified:
2024-09-06T10:22:26Z
main entity:
{"identifier":"Q653953","url":"https://www.wikidata.org/entity/Q653953"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/8/83/Utkal_Grameen_Bank.jpg","width":3377,"height":2250}
fields total:
13
integrity:
16