Microrofinance – a possible anticrisis measure?
Microfinance activity is recognized – at the level of European institutions and member states - as an area with a significant impact on entrepreneurship, economic growth and social inclusion. But the market of this important financing source for disadvantaged entities still have imperfections, mainly due to costs involved, the lack of collateral and lack of national regulations. Also the effects of international financial crisis were felt in the microcredit field. In this context, the European Commission launched new programs (JEREMIE, JASMINE program; the SME Guarantee facility, micro instrument Progress) that can provide opportunities to improve the micro-credit activity in Europe.
Volume (Year): 1 (2009)
Issue (Month): 10 (December)
|Contact details of provider:|| Postal: |
Phone: 004 0251 411317
Fax: 004 0251 411317
Web page: http://feaa.ucv.ro/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:aio:fpvfcf:v:1:y:2009:i:10:p:127-131. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alina Manta)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.