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Microfinance vs Microbank - What's the difference?

microfinance | microbank |

As nouns the difference between microfinance and microbank

is that microfinance is finance that is provided to unemployed or low-income people or groups while microbank is a bank that offers microfinance.

microfinance

English

Noun

(wikipedia microfinance) (-)
  • (finance) Finance that is provided to unemployed or low-income people or groups

    • Derived terms

    * microfinancial * microfinancier

    Related terms

    * macrofinance * microcredit * microinsurance * microlending

    References

    microbank

    English

    Noun

    (en noun)
  • A bank that offers microfinance.
  • *{{quote-news, year=2007, date=July 15, author=, title=Letters, work=New York Times citation
    • , passage=Our nonprofit institute is developing a microfinance model in which the microbank makes an equity investment (not a loan) and shares in the profit or loss of the microbusiness. }}