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 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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Bibliographic Details
Main Author: Bossoutrot, Sylvie K.
Language:English
en_US
Published: Washington, DC: World Bank 2005
Subjects:AGRICULTURAL CREDIT, APEX, AUTONOMY, BANKING INSTITUTIONS, BANKING SECTOR, BANKING SECTOR DEVELOPMENT, BANKING SYSTEM, BANKS, BOARD MEMBERS, BRANCHES, CAPITAL ADEQUACY, CAPITAL MARKETS, CGAP, COLLATERAL, COMMERCIAL BANK, COMMERCIAL BANKS, COMPANY, CONFIDENCE IN BANKS, CONSULTATIVE GROUP TO ASSIST THE POOREST, COOPERATIVE BANKS, COOPERATIVES, CORPORATION, CREDIT COOPERATIVE, CREDIT SCORING, CREDIT UNIONS, DEBT, DEPOSIT INSURANCE, DEPOSITS, DISTRIBUTION OF INCOME, DIVERSIFICATION, ECONOMIC CONDITIONS, ECONOMIC GROWTH, ELECTRONIC BANKING, EMPLOYMENT, ENTERPRISE DEVELOPMENT, ENTREPRENEURS, ENTREPRENEURSHIP, FINANCE COMPANIES, FINANCIAL DATA, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIATION, FINANCIAL MARKETS, FINANCIAL PERFORMANCE, FINANCIAL REPORTING, FINANCIAL SERVICES, FINANCIAL SERVICES INDUSTRY, FINANCIAL STRUCTURE, FINCA, FOREIGN EXCHANGE, GRAMEEN BANK, HOUSING, IDB, INCOME DISTRIBUTION, INDIVIDUALS, INSURANCE, INTEREST RATES, LEASING, LENDERS, LIMITED, LIQUIDITY, MANAGERS, MATURITIES, MEMBER STATES, MFI, MICROBANKING, MICROCREDIT, MICROCREDITS, MICROENTERPRISE, MICROENTREPRENEURS, MICROFINANCE, MICROFINANCE INDUSTRY, MICROFINANCE INSTITUTION, MICROFINANCE INSTITUTIONS, MICROFINANCE ORGANIZATIONS, MICROFINANCE PROGRAMS, MICROLENDING, MIGRATION, MORTGAGE BANKS, MORTGAGE LOANS, NATIONAL ASSOCIATION, NONBANK FINANCIAL INSTITUTIONS, NONGOVERNMENTAL ORGANIZATIONS, OUTREACH, PARTNERSHIP, PEER REVIEW, PENSIONS, PERFORMANCE STANDARDS, POCKET BANKS, PRODUCTIVITY, PROFITABILITY, RATING AGENCIES, REGULATORY FRAMEWORK, REGULATORY FRAMEWORKS, RURAL CREDIT, SAVINGS, SAVINGS ACCOUNTS, SERVICES, SMALL BUSINESS, SMALL BUSINESS FINANCE, SMALL ENTERPRISES, SMALL LOANS, SME, SME DEVELOPMENT, SME LENDING, SME SECTOR, SOCIAL SERVICES, SOCIETY, SUBSIDIARY, SUPERVISORY AUTHORITIES, SUPERVISORY FRAMEWORK, SUSTAINABILITY, SUSTAINABLE MICROFINANCE, TECHNICAL ASSISTANCE, TRANSACTION COSTS, TRANSITION ECONOMIES, TRANSPARENCY, UNION, WAGES,
Online Access:http://documents.worldbank.org/curated/en/2005/01/7567187/microfinance-russia-broadening-access-finance-micro-small-entrepreneurs
https://hdl.handle.net/10986/7512
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