Development of the microfinance organizations market in Russia: The conflict of interests of investors, borrowers and the government

E. Karpushin ()

Voprosy Ekonomiki, 2016, issue 9

Abstract: The article analyzes the problems of functioning of Russian microfinance organizations (MFO), caused by a worsening economic situation in the country, an impoverishment of the population, and difficulties of attracting financial resources from banks. It grounds the necessity of MFO’s existence and adequacy of methods of their work. The basic tendencies of the given business development, experts opinions and forecasts are considered. Recommendations for perfecting the legislation directed at protection of interests of borrowers and microfinance organizations are formulated.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2016:id:234

DOI: 10.32609/0042-8736-2016-9-150-158

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