Programs that provide small loans to people in impoverished situations-in many cases women-to allow them to purchase provisions as well as overhead to start small businesses are called ______.

Question

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Microlending refers to the practice of providing small loans to individuals in impoverished situations, often to help them start small businesses or purchase necessary provisions. This approach is particularly noted for its focus on empowering women in developing countries.

Programs That Provide Small Loans to People in Impoverished Situations-In