### Question
How is the "microfinance institution" defined?


### Answer
The term **microfinance institution** is defined in *22 U.S.C. § 2152a* as follows -

> an institution that directly provides, or works to expand, the availability of credit, savings, and other financial services to microentrepreneurs

#### Citation:
  - *22 U.S.C. § 2152a*
  - Heading: **CHAPTER 32-FOREIGN ASSISTANCE > SUBCHAPTER I-INTERNATIONAL DEVELOPMENT > Part I-Declaration of Policy; Development Assistance Authorizations**

