1.

Record Nr.

UNINA9910449707103321

Autore

Bossoutrot Sylvie K

Titolo

Microfinance in Russia [[electronic resource] ] : broadening access to finance for micro and small entrepreneurs / / Sylvie K. Bossoutrot

Pubbl/distr/stampa

Washington, D.C., : World Bank, c2005

ISBN

1-280-23826-7

9786610238262

0-8213-6387-5

Descrizione fisica

1 online resource (114 p.)

Disciplina

332.7420947

Soggetti

Microfinance - Russia

Electronic books.

Russia Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; Preface; Acronyms and Abbreviations; Executive Summary; 1. Background; 2. State of the Industry; List of Boxes; 3. Banks and Microfinance; List of Tables; 4. Credit Cooperatives; 5. Nongovernmental Organizations; 6. Public Funds; 7. Overall Trends in Russian Microfinance; 8. Key Challenges Going Forward and Recommendations; Appendixes; References

Sommario/riassunto

In Russia, small-scale entrepreneurship has emerged in response to the collapse of state-ownership and unemployment in the early 1990's. 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