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Microfinance development in Armenia: Sectoral characteristics and problems

Author

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  • Knar Khachatryan

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

  • Emma Avetisyan

    (Audencia Business School)

Abstract

The heavy-handed regulation enforced a commercialization process and as a result pushed microfinance institutions towards a commercial logic. This commercial shift, in its turn, diminished the importance of the social component.

Suggested Citation

  • Knar Khachatryan & Emma Avetisyan, 2017. "Microfinance development in Armenia: Sectoral characteristics and problems," Post-Print hal-01695638, HAL.
    • Handle: RePEc:hal:journl:hal-01695638
    DOI: 10.1002/jsc.2169
    Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-01695638v1
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    References listed on IDEAS

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    1. repec:wbk:wbpubs:7086 is not listed on IDEAS
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    Cited by:

    1. Sarah Wali Qazi, M. Zaki Rashidi, 2018. "Nurturing Women Empowerment? A Phenomenological Study of the Linkages between Women, Micro Entrepreneurship and Access to Microcredit," Journal of Management Sciences, Geist Science, Iqra University, Faculty of Business Administration, vol. 5(2), pages 3-21, October.
    2. Steffi Sandra Singhe & Céline Louche, 2020. "The development of microfinance in Cameroon: Focus on regulation," Post-Print hal-02562588, HAL.
    3. Abraham Stefanidis & R. Mitch Casselman & Sven Horak, 2024. "Twenty‐five years of management research on poverty: A systematic review of the literature and a research agenda," Business Ethics, the Environment & Responsibility, John Wiley & Sons, Ltd., vol. 33(1), pages 14-39, January.

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