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Conditions for the transformation of the MFIs from informal to formal types

Author

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  • K. Srnec

    (Institute of Tropics and Subtropics, Czech University of Life Sciences, Prague, Czech Republic)

Abstract

The article supplies the information concerning the transformation of informal MFIs to formal ones (Srnec, Havrland 2006). It underlines some risks of finance investors to the microfinancial segment of money market. Financial investors influence the possible development of MFIs and reverse. In contrary, MFIs can farcify or weaken the economic development in local areas and thus to decrease the financial effect and farm sustainable development.

Suggested Citation

  • K. Srnec, 2008. "Conditions for the transformation of the MFIs from informal to formal types," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 54(5), pages 202-208.
  • Handle: RePEc:caa:jnlage:v:54:y:2008:i:5:id:249-agricecon
    DOI: 10.17221/249-AGRICECON
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    References listed on IDEAS

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    1. K. Srnec & B. Havrland, 2006. "Microfinancing: challenges and prospects. Appropriate conditions for changes from informal to formal microfinancing institutions," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 52(10), pages 489-496.
    2. Huppi, Monika & Feder, Gershon, 1990. "The Role of Groups and Credit Cooperatives in Rural Lending," The World Bank Research Observer, World Bank, vol. 5(2), pages 187-204, July.
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