English

Microcredit in Russia: on the eve of a boom or a crisis?

Institute for Emerging Market Studies

About research

The report highlights the Russian market of microcredits in the global context. With the increasing economic turbulence in Russia the issue takes increasing importance as microcrediting is an effective vehicle of financing the development of economy through stimulation of small and micro-enterprise. The report argues that a two-tier architecture of the market involving the banks and specialized organizations can be most effective based on the international experience.

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