COMPARATIVE ANALYSIS OF MICROFINANCE SERVICES MARKET IN KOSTROMAJournal: Science and world (Vol.3, No. 43)
Publication Date: 2017-03-27
Authors : Berkovich M.I.; Tylkovich K.I.; Shurygin A.A.;
Page : 11-13
Keywords : microloan; MFO; forfeit; loan conditions; services.;
Such finance service as microloans, provided by microfinance organizations (MFO), has become more popular in Russia. Such type of loan is rather attractive for population, especially for low-income people, due to simplicity of its provision and interest, low at the first glance. However, loyalty of the MFO representatives to their clients conceals numerous unobvious risks and, therefore, an issue of evaluation and analysis of the range of services, provided by MFO, occurs to reveal the hidden dangers of microloans.
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