Word of the Week
#EnvolveEDU

Microloan

/mī-krō-ˈlōn/n.

A very small, short-term loan with a low-interest rate, extended to self-employed individuals, new startups with very low capital requirements, or small businesses with only a few employees. These types of loans have the most impact on individuals who lack access to conventional banking and related services.
Read more in the article we have sourced for you.