Reinventing the banking for poor concept for transitional countries

Poposka, Klimentina and Temelkov, Zoran (2014) Reinventing the banking for poor concept for transitional countries. Journal of Sustainable Development, 5 (8-9). pp. 66-76. ISSN 1857-8519

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Abstract

Banking for the poor concept has managed to improve the life of millions of people in poverty regions. It objective is to provide loans to unbanked population lacking financial resources for establishing a family business. In spite of it popularity in underdeveloped regions, banking for the poor haven't produce desirable economic development for poor population in transitional countries. For this reason, modifications should be made in the core concept and its characteristics. This adaptation is needed for the purpose of increasing the economic development, increase employment and increase the standard of living for poor population in transitional countries.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Zoran Temelkov
Date Deposited: 20 Jun 2014 11:29
Last Modified: 20 Jun 2014 11:29
URI: https://eprints.ugd.edu.mk/id/eprint/10144

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