MICROLENDER
\mˈa͡ɪkɹə͡ʊlˌɛndə], \mˈaɪkɹəʊlˌɛndə], \m_ˈaɪ_k_ɹ_əʊ_l_ˌɛ_n_d_ə]\
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specialist in offering and servicing small-balance loans to low-income groups or individuals. A microfinance institution. Gives disadvantaged entities a source to small amounts of credit. A microlender provides small amounts of capital below the worth of a traditional lender.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).