Definition of Micr
a small sum of money that is lent to start a new business at low int
Examples of Microloan in a sen
Once he received the microloan, Nick used the five hundred dollars to buy the needed equipment for his car detailing start-up. 
The organization was able to provide the woman with a microloan to start up a small sewing business. 
The new business owner will need to pay back the microloan after her cleaning company starts to make a profit. 
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