microloan
/ˈmʌɪkrə(ʊ)ləʊn
/noun
A small sum of money lent at low interest to a new business: the company is offering microloans in the hospitality industry...
- We were able to get a micro-loan, which paid for a kitchen on the premises.
- She got a micro-loan and she set up a sewing shop.
- The association provides micro loans for looms and other equipment.