From Longman Dictionary of Contemporary Englishsoft loan/creditsoft loan/creditmoney that is lent at a lower interest rate than usual, because it will be used to help people in some way → soft
Examples from the Corpus
soft loan/credit• The production of renewable energy sources should also be promoted through grants, soft loans and fiscal incentives, the report concluded.• The funding packages-a mixture of soft loans, grants, scholarships and paid work on campus-vary. 