Definition of "microloans" [microloans]

• Plural form of microloan. (noun)

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• "Maria announced this week that The Women's Conference's WE Invest program surpassed one million dollars in microloans to women entrepreneurs in the United States."
• "Kiva, a nonprofit known for helping foreign entrepreneurs receive microloans, is working to broaden its reach to struggling small businesses along the U.S. Gulf Coast."
• "Furthermore, some parents were using their expensive, short-term microloans to pay for their children's schooling in hopes that a better education would result in a better life."