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Microfinance in Russia : Broadening Access to Finance for Micro and Small Entrepreneurs

Author

Listed:
  • Sylvie K. Bossoutrot

Abstract

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.

Suggested Citation

  • Sylvie K. Bossoutrot, 2005. "Microfinance in Russia : Broadening Access to Finance for Micro and Small Entrepreneurs," World Bank Publications - Books, The World Bank Group, number 7512, December.
    • Handle: RePEc:wbk:wbpubs:7512
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/7512/396490PAPER0RU101OFFICIAL0USE0ONLY1.pdf?sequence=1
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    Citations

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    Cited by:

    1. Ganna Sheremenko & Cesar L Escalante & Wojciech J Florkowski, 2017. "Financial Sustainability and Poverty Outreach: The Case of Microfinance Institutions in Eastern Europe and Central Asia," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(1), pages 230-245, January.
    2. Sheremenko, Ganna & Escalante, Cesar L. & Florkowski, Wojciech J., 2012. "The Road to Financial Sustainability. Comparative Analysis of Russia and the Caucasus Region," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119525, Southern Agricultural Economics Association.
    3. Sheremenko, Ganna & Escalante, Cesar L. & Florkowski, Wojciech J., 2012. "The Universality of Microfinance Operations Model in Eastern Europe and Central Asia: Financial Sustainability vs. Poverty Outreach," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 123286, Agricultural and Applied Economics Association.
    4. Md Aslam Mia & Lucia Dalla Pellegrina & Wai‐Yan Wong, 2022. "Female participation and financial performance of microfinance institutions: Evidence from transition economies," Development Policy Review, Overseas Development Institute, vol. 40(5), September.

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