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What is microlending?

What is microlending? Here are some definitions.

Noun
  1. (banking) Lending of small amounts of money per loan as part of a microcredit program.
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Examples
The microlending Market in Albania in this period can be categorized as very weak and undeveloped.
On Wednesday afternoon, the crowds included two friends discussing Ghana and microlending.
The microlending market developed in a similar cycle to development and changes in the banking system.
There are several microlending programs available to small bussiness owners.
Although the situation varies between the Member States, banks usually are not active enough in microlending.
Given this context, many interested in women's entrepreneurship see great potential for microlending programmes to meet women's financing needs.

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