Small loans extended to the rural and urban poor, who often lack the collateral needed to borrow from commercial banks. These loans help poor people break the cycle of poverty by giving them the means to start their own businesses. Also referred to as microfinance.

Small loans that are given to community members for the purpose of generating or enhancing income.

Small loans, perhaps $50 or $100, that are extended to small businesses to finance a business start-up or other business activity.

Programs that provide credit for self-employment and other financial services and business services (including savings and technical services) to very poor persons. This definition defines the whole industry. Very small credit provided to the poor to provide capital for starting a very small business.