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词汇 microfinance-institution
释义 microfinance institution
noun[ C ]
 ECONOMICS, FINANCEukus(abbreviationMFI)
an organization that provides microfinance, usually in developing countries:
Krishna is CEO at a microfinance institution in Bangalore that makes loans to poor women.

Examples of microfinance institution


microfinance institution
It is the first peer-to-peer microlending service to link borrowers and lenders across international borders without a local microfinanceinstitution intermediary.
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This system seeks to establish a stronger microfinanceinstitution by reducing the possibility of fraud and misallocation of funds through clear documentation of cash flows.
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However, annual rates charged to clients are higher, as they also include local inflation and the bad debt expenses of the microfinanceinstitution.
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A poor family might borrow from relatives to buy land, from a moneylender to buy rice, or from a microfinanceinstitution to buy a sewing machine.
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It provides access to financial services to the poorest populations, the financial intermediaries including banks, cooperatives, non-governmental organizations and microfinance institutions.
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Wikipedia

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Following this pilot, the organization increasingly focused its efforts on developing microfinance institutions, and the microfinance industry.
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These field partners can be microfinance institutions, social businesses, schools or non-profit organizations.
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In his latest book he argues that microfinance institutions that charge more than 15% above their long-term operating costs should face penalties.
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Through microfinance institutions such as credit unions, financial non-governmental organizations and even commercial banks poor people can obtain small loans and safeguard their savings.
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Wikipedia

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They are also used by many microfinance institutions.
From
Wikipedia

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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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