Small loans, usually given to people who are poor and cannot get regular bank loans.
Microloans are helpful because they give people a chance to start a small business or improve their lives.
Examples:
She used a microloan to buy sewing supplies for her small business.
Many people in the village have benefited from microloans.
The microloan helped him buy a bicycle for his delivery service.
The microloan was like a little seed that grew into a big tree of success.
With a microloan, she turned her small idea into a big reality.
The microloan changed their lives in a big way.