CLASSIC MICROFINANCE ACTIVITY IN RUSSIAJournal: Science and world (Vol.1, No. 16)
Publication Date: 2014-12-23
Authors : Shilov V.A.;
Page : 136-138
Keywords : microfinance; definition; Muhammad Yunus; Russia; conditions.;
In modern Russia, the market has virtually unexplored type of financial and economic activity which is microfinance; there is no precise definition of this type of activity. The purpose of this paper is to relate the classic microfinance and microfinance activities, existing in Russia in modern conditions. In the research process have been resolved the following tasks: a definition of microfinance activities, discovering of the source(classic) form of microfinance activities, finding out the current state of the microfinance market in Russia.
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