Microfinance Organizations in Russia and Abroad

Ksenia Trushina and Olesya Gracheva
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Ksenia Trushina: Moscow State Institute of International Relations (MGIMO University)
Olesya Gracheva: Moscow State Institute of International Relations (MGIMO University)

A chapter in Financial Markets Evolution, 2021, pp 223-233 from Palgrave Macmillan

Abstract: Abstract The chapter analyses activities of microfinance organizations (MFOs) in Russia and abroad: their essence, foundations, activities, problems, and prospects. The authors aim to identify the features and difficulties in the work of MFOs in Russia and propose mechanisms for solving the problems MFOs are facing. The article was prepared using a systematic approach, statistical methods, and generalization and analysis of open sources statistical data. The chapter shows the differences in the approach to defining small- and medium-sized enterprises in Russia and abroad. The conclusions and proposals formulated in the chapter can be used by a wide range of users, including government bodies, when analysing and improving microfinance sector regulation.

Keywords: Financial market; Microfinance organizations; Microloans; Micro-credit companies; Legal regulation; Control mechanisms; Statistical indicators; G21 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-030-71337-9_17

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DOI: 10.1007/978-3-030-71337-9_17

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