Home  Journals  Financial Analytics: Science and Experience  1(139) - 2013 January

Credit cooperatives on microfinance services market: regional dimension

Available online: 6 January 2013

Subject Heading: Financial market

JEL Classification: 

The role of cooperative credit institutes increases in conditions of financial market infrastructure' underdevelopment.Credit cooperatives are able to accumulate small savings and to mobilize them for people's social-economic needs, for small and middle business development. In the article the analysis of tendencies of development of the micro-financial market, organizational, legal and economic bases of credit cooperatives is carried out; the features of their functioning in the market of micro-financial services are revealed. The assessment of activity of credit cooperation in the Arkhangelsk region is given, unresolved problems, opportunities and development prospects are designated.

Keywords: microfinance, microfinance service, savings and credit association, credit cooperative

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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