Mikrofinans Sistemi ve Ticari Bankaların Mikrofinans Sistemindeki Yeri

Currently, approximately one fifth of the world’s population try to live with less than 1 dollar per day and the challenge with the poverty becomes more important as time goes on. Microfinance system, which becomes important while challenging with poverty, consists of financial services and credits for poor people in order to work for their own living and discover their potentials. Microfinance system, which came into the scene with the presentation of micro credit service in the years of 1970s, was made broader as a result of being understood that poor people needs financial services such as savings, insurance, and cash transfer services rather than loans. As new institutions are established, the service spectrum of microfinance is expanded that is to say there is a diversification of financial products. As a matter of fact, since the years of 1990s while nongovernmental organizations transform into commercial banks or specialized financial institutions, commercial banks also began to present microfinance services by using different models. In this study, microfinance system, successful microfinance institutions that transformed from nongovernmental organizations to commercial banks and models of commercial banks using to present microfinance services are examined in order to provide contribution to microfinance applications in Kyrgyzstan.