What does "microloan" mean?

A small loan, especially one extended to a poor person as part of a microcredit program of such lending intended to alleviate poverty.

What is a synonym for "microloan"?

Common synonyms include: development loan, microcredit loan, microfinance loan, small loan.

noun

noun ·Rare ·Advanced level

Noun

1
A small loan, especially one extended to a poor person as part of a microcredit program of such lending intended to alleviate poverty.
"He got a one hundred dollar microloan."

"He got a one hundred dollar microloan."

From micro- + loan.