Microfinance in Russia : Broadening Access to Finance for Micro and Small Entrepreneurs
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 cre...
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2012
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Online Access: | http://documents.worldbank.org/curated/en/2005/01/7567187/microfinance-russia-broadening-access-finance-micro-small-entrepreneurs http://hdl.handle.net/10986/7512 |
Summary: | 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. |
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