TITLE

REINVENTING THE BANKING FOR POOR CONCEPT FOR TRANSITIONAL COUNTRIES

AUTHOR(S)
Poposka, Klimentina; Temelkov, Zoran
PUB. DATE
January 2014
SOURCE
Journal of Sustainable Development (1857-8519);Jan2014, Vol. 5 Issue 8-9, p66
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
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.
ACCESSION #
94198754

 

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