Micro-financing Institutions in Less Developed Countries: Conditions when appropriate changes from informal to formal institutions

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41610%2F06%3A19121" target="_blank" >RIV/60460709:41610/06:19121 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Micro-financing Institutions in Less Developed Countries: Conditions when appropriate changes from informal to formal institutions

Original language description

The year 2005 was declared by the UN General Assembly as the international year of micro-credit. This fact emphasizes the significance of micro-finance in the collective effort of the world community to reach the Millennium Development Goals accepted bythe United Nations. Micro-finance activities constantly help to reduce poverty and increase the income of the population. Micro-finances are one of the important factors influencing the reduction of public debt of Less Developed Countries. The study characterizes the evolution of indebtedness from the macroeconomic viewpoint and micro-finance activities. One of the main questions is when and under which conditions it is acceptable to accelerate the transformation of informal micro-financial institutionsinto formal institutions. In conclusion the fundamental prerequisites and general conditions for this transformation are defined. The moment for the transformation of informal micro-financial institutions into formal institutions comes w

Czech name

Instituce pro mikrofinancování v rozvojových zemích: Podmínky pro změnu z neformálních na formální

Czech description

The year 2005 was declared by the UN General Assembly as the international year of micro-credit. This fact emphasizes the significance of micro-finance in the collective effort of the world community to reach the Millennium Development Goals accepted bythe United Nations. Micro-finance activities constantly help to reduce poverty and increase the income of the population. Micro-finances are one of the important factors influencing the reduction of public debt of Less Developed Countries. The study characterizes the evolution of indebtedness from the macroeconomic viewpoint and micro-finance activities. One of the main questions is when and under which conditions it is acceptable to accelerate the transformation of informal micro-financial institutionsinto formal institutions. In conclusion the fundamental prerequisites and general conditions for this transformation are defined. The moment for the transformation of informal micro-financial institutions into formal institutions comes w

Type

D - Article in proceedings

CEP classification

GA - Agricultural economics

OECD FORD branch

—

Project

—

Continuities

Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year

2006

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Prosperity and Poverty in Developing World: Challenges for Agricultural Research

ISBN

3-937941-08-8

ISSN

—

e-ISSN

—

Number of pages

1

Pages from-to

453-453

Publisher name

University of Bonn

Place of publication

University of Bonn

Event location

Bonn, SRN

Event date

Oct 11, 2006

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

—