Download the fantastic book titled Microfinance in Russia written by Sylvie K. Bossoutrot, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Microfinance in Russia", which was released on 18 October 2005. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Microfinance in Russia by Sylvie K. Bossoutrot PDF
In Russia, small-scale entrepreneurship has emerged in response to the collapse of state-ownership and unemployment in the early 1990s. Small businesses typically lack adequate collateral and credit history, making them 'unbankable' by the mainstream financial sector. To fund their businesses, micro-entrepreneurs are forced to rely on funds from family and friends, or money lenders. Microfinance institutions of four types have emerged to meet the unfulfilled financing needs of micro-entrepreneurs: commercial banks, specialized NGO-type microfinance institutions, membership-based institutions (such as rural cooperatives and credits unions), and public funds. All four types have enjoyed significant growth in Russia in the past five years, but the industry is still at an early stage of development. Demand appears to far outweigh supply. 'Microfinance in Russia' provides an overview of microfinance in Russia to date, presenting industry trends and identifying key challenges to sustainable growth of the industry.
Detail About Microfinance in Russia PDF
- Author : Sylvie K. Bossoutrot
- Publisher : World Bank Publications
- Genre : Business & Economics
- Total Pages : 115 pages
- ISBN : 0821363875
- Release Date : 18 October 2005
- PDF File Size : 31,5 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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