word
rural credit
ROOR-ul KRED-it
ˈrʊərəl ˈkrɛdɪtListen
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Syllable breakdown
ruralcredit
Dictionary meaning
Financial services — loans, credit lines, and savings mechanisms — designed to meet the needs of farmers and rural households for production and consumption
Examples
- Microfinance institutions have expanded rural credit access in sub-Saharan Africa.
- Without rural credit, smallholders cannot afford seeds or fertilizer at planting time.
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