Microgrant

Microgrant

A microgrant is a small sum of money distributed to an individual living on less than $1/day, extreme poverty, for the purpose of creating a sustainable livelihood or microenterprise[1]. While microfinance and other financial services are intended to serve the poor, many of the poorest are either too risk-averse to seek out a loan, or do not qualify for a microloan or other form of microcredit.

It can also refer to a grant that is low in value[2].

References

  1. ^ CSMonitor.com (2008-08-09). "U.S. Army microgrants". Csmonitor.com. http://www.csmonitor.com/2008/0809/p04s01-wome.html. Retrieved 2009-09-23. 
  2. ^ BenchFly.com (2010-04-02). "Search for Research". BenchFly.com. http://wildfireapp.com/website/6/contests/21615/voteable_entries/4339320?order=recency. Retrieved 2010-05-02. 

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