### Question
What is the definition of microfinance institution?


### Answer
The definition of **microfinance institution** is as follows in *22 U.S.C. § 2214a*:

> a not-for-profit entity or a regulated financial intermediary that directly provides, or works to expand, the availability of credit, savings, and other financial services to microfinance and microenterprise clients in foreign countries

#### Citation:
  - *22 U.S.C. § 2214a*
  - Heading: **CHAPTER 32-FOREIGN ASSISTANCE > SUBCHAPTER I-INTERNATIONAL DEVELOPMENT > Part II-Other Programs > subpart vi-microenterprise development assistance > Division D-Miscellaneous Provisions**

